ASIC obtains court orders against dealer group owner

The Federal Court has made interim orders against the parent company of a SMSF accountant licensee, following proceedings brought by ASIC.

In a public statement, ASIC said it has succeeded in obtaining interim court orders against Linchpin Capital Group Ltd and Endeavour Securities (Australia) Ltd, after Justice Derrington found that on the evidence filed to date, Linchpin had engaged in serious breaches of the Corporations Act.

Read the full article at SMSF Adviser.

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