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Vanguard lures ASIC commissioner as top lawyer

Ronald Mizen
Ronald MizenPolitical correspondent

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ASIC Commissioner Sean Hughes is leaving the corporate watchdog to take up a role as Australian general counsel at asset manager Vanguard.

The move comes just weeks after the $10.5 trillion investment giant’s Australian arm was slapped with $39,960 in penalties by the Australian Securities and Investments Commission for “misleading” ESG claims.

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Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com

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    Original URL: https://www.afr.com/policy/economy/vanguard-lures-asic-commissioner-as-top-lawyer-20230117-p5cd1z