Industry body calls for urgent review of ASIC levy model Industry body calls for urgent review of ASIC levy model The professional body for the stockbroking and financial advice industry has called on the government to “urgently” review the ASIC levy model. A A Following the news last week that the costs allocated by the corporate regulator to the advice sector have increased by more than $16 million for the 2021 financial year, the Stockbrokers and Financial Advisers Association (SAFAA) chief executive, Judith Fox, has urged the government to take action. “We are concerned that the costs of the new disciplinary body that are incurred by ASIC will be passed on to our members and push up the final levy,” Ms Fox said.