ASIC goes undercover to expose property spruikers
Duncan HughesReporter
Updated
Australian Securities and Investments Commission investigators pretending to be investors will pursue property spruikers and identify shonky practices in a planned probe into self-managed super funds, according to deputy chairman Peter Kell.
The regulator said recent court decisions had given it a green light to launch the probe into spruikers, despite it not being responsible for real estate agents or the sale of property.
Loading...
Duncan Hughes is a Walkley award-winning personal finance reporter, based in our Melbourne newsroom. Connect with Duncan on Twitter. Email Duncan at duhughes@afr.com.au
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Property
Fetching latest articles