July
ASIC hits ASX pump-and-dump crew with criminal charges
The corporate cop has hit the alleged ring leaders of an ASX penny stock pump and dump scheme with criminal charges that could come with millions in fines.
- Ronald Mizen, Maxim Shanahan, Jonathan Shapiro and Tom Richardson
January
ASIC got Adam Blumenthal for market rigging. Why didn’t it go harder?
Regulators had launched raids in 2021 into trading with a Sydney stockbroker and an influencer. A confession was extracted, only on a civil penalty basis.
- Liam Walsh and Jonathan Shapiro
May 2023
- Opinion
- Tech Observed
Deepfakes spell deep trouble for markets
A fake image of an explosion at the Pentagon showed the ability of cheap AI apps to move global financial markets, and nobody seems to know what to do about it.
- Paul Smith
Ord Minnett hit with $888,000 fine
ASIC says the broker executed a pre-arranged trade during an on-market buyback, allegedly contravening market integrity rules.
- Elouise Fowler
June 2022
‘Dummy bids part of fun’: HotCopper trader guilty of manipulation
ASIC has secured a historic guilty plea in a pump and dump case. Here’s which 20 stocks were being targeted.
- Liam Walsh
September 2021
Former Regal dealer banned for manipulative trades
Dylan Rands, a former trader at the hedge fund, copped a five-year ban after ASIC said he manipulated the price of ClearView shares, which the fund owned.
- Updated
- Jonathan Shapiro
July 2019
Melbourne adviser claims ASIC chases 'little fish'
Mark Menzies made $10,500 in two minutes for his clients, and got banned from the industry for four years. But, he says, what about the people who made money from the trades?
- Liz Main