The financial crimes watchdog has ordered external auditors to look into concerns the stockbroker may not be complying with anti-money laundering laws.
The financial crimes watchdog has ordered external auditors to look into concerns the stockbroker may not be complying with anti-money laundering laws.
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Retail brokers test demand for Australian Clinical Labs
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A big retail broker syndicate is tasked with drumming up interest in the countryâs No.3 pathology play, Australian Clinical Labs.
Bell Potter Securities, Canaccord Genuity, Commsec and Ord Minnett have all been tapped as co-lead managers to Australian Clinical Labsâ IPO, while MST Financial was added as a co-manager.
Australian Clinical Labs performed 8.3 million tests in 2020. Â
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The brokers are tasked with selling Australian Clinical Labs shares to retail clients - to ensure the pathology group gets the spread required to list and ends up with a balanced share register.