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ASX Wolf hit with ASIC injunction over ‘trading tips’

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Flashy Gold Coast share trader Tyson “ASX Wolf” Scholz is being taken to court by the corporate regulator, which claims he has provided stock tips without a financial licence.

The Lamborghini-driving Mr Scholz is accused of having “provided recommendations or statements of opinions about the purchase of shares, in return for payments of money or other benefits”.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com

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    Original URL: https://www.afr.com/companies/financial-services/asx-wolf-hit-with-asic-injunction-over-trading-tips-20211213-p59h5j