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Leading stockbroker launches secret review of rogue traders

Liam WalshReporter

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One of Australia's biggest stockbroking outfits, Morgans, has secretly begun examining reparations for customers burnt many years ago by rogue trader actions.

But the examination only reaches back to January 2008 and excludes people who already had reached a settlement with Brisbane-based Morgans, according to sources with knowledge of the work.

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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

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    Original URL: https://www.afr.com/companies/financial-services/morgans-in-secret-review-of-rogue-adviser-trading-20200108-p53pu6