ASIC has responded to questions about whether its powers go far enough given that an investigation has uncovered several banned financial advisers continuing to promote themselves online.
ASIC has permanently banned a Sydney-based adviser after he falsified his financial adviser exam result. In a statement on Thursday, ASIC said it has permanently banned Todd Karamian, of Sydney,
ASIC has permanently banned a Sydney-based adviser for changing the result of his financial adviser exam and sending the altered certificate to his licensee.