In win for ASIC, judge rules Mayfair misled investors about risk

ASIC 2021-03-23 3:24 pm By Miklos Bolza | Sydney

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A judge has handed ASIC a victory in finding that investment group Mayfair 101 misled investors about the level of risk of its financial products, a ruling that will expose the group to pecuniary penalties at a time when a number of its entities have been wound up.

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