April 15, 2016 BY Maria Nikolova
AAT approves ASIC agreement with promoter of non-existent fund
A follow-up to LeapRate's earlier story about the Australian Investments and Securities Commission (ASIC) banning Paul Duncan, a promoter of 'Exalt Managed Futures Fund', which never actually existed... The Administrative Appeals Tribunal (AAT) has approved an agreement reached between ASIC and Mr Duncan, to ban him from providing financial services. The agreement cuts the term…
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