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Victorian Bar to poll members on endorsing Voice to Parliament
Business of Law 2023-05-18 4:50 pm By Sam Matthews Melbourne
A group of Victorian barristers says the Bar has a responsibility to make a public statement backing the proposed Voice to Parliament, while others have questioned the “propriety” of speaking out, an email to members reveals.
Judge backs ASIC plan to ban OTC binary options as issuers hit with $75M penalty
Angus Christophersen 2020-10-16 4:52 pm By Christine Caulfield Melbourne
Over-the-counter derivative issuers AGM Markets, OT Markets and Oxifin Tech have been ordered to pay a total of $75 million in penalties after a ruling that they engaged in unconscionable conduct causing losses of over $30 million to unsophisticated investors seeking what a judge called "financial heroin hits".
ASIC wins unconscionable conduct case against OTC derivatives issuer AGM Markets
Angus Christophersen 2020-02-27 10:28 pm By Miklos Bolza Sydney
ASIC has notched up a win against derivative issuer AGM Markets and two of its authorised representatives, with a court finding they engaged in misleading, deceptive and unconscionable conduct that caused investor losses of over $30 million.