Fund manager Rodney Forrest re-sentenced to five years and three months’ jail following insider trading appeal

26-104MR

criminal22 May 2026

Respondent

Rodney Forrest

Facts

The Full Federal Court has re-sentenced former investment manager Rodney Forrest to five years and three months’ imprisonment following his appeal for insider trading and procuring others to trade in more than $3 million of Platinum Asset Management shares.

Outcome

ASIC criminal conviction/sentence — Rodney Forrest: on his appeal, the Full Federal Court reduced his sentence for insider trading and procuring others to trade from six years to five years and three months' imprisonment (non-parole period of three years unchanged) (2026-05-22). See the ASIC source for the full terms.

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2026-releases/26-104mr-fund-manager-rodney-forrest-re-sentenced-to-five-years-and-three-months-jail-following-insider-trading-appeal

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