Judge questions ASIC’s ‘very, very modest’ $750,000 penalty against La Trobe Financial
ASIC 2021-11-15 1:59 pm By Bianca Hrovat | Sydney
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A judge has expressed hesitation about a $750,000 penalty proposed by the Australian Securities and Investments Commission in its misleading advertisement case against $5.15 billion credit fund La Trobe Financial Asset Management, calling the amount “very, very modest”.

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