Enforcement/asicCWLTH

ASIC v Macquarie Bank (mass-market futures)

civil penalty11 Sept 2024

Respondent

Macquarie Bank Limited

Facts

ASIC alleged Macquarie Bank failed to monitor for + report suspicious activity in mass-market futures + CFD trading.

Outcome

$10M penalty + remediation.

Read the source

https://asic.gov.au/about-asic/news-centre/find-a-media-release/

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