August 11, 2016 BY Valentina Kirilova
AAT affirms permanent banning of financial adviser by ASIC
The Administrative Appeals Tribunal (AAT) has upheld ASIC's decision to permanently ban former credit representative, Shiv Sahay from providing financial services and engaging in credit activity. On October 22, 2015, Mr Sahay applied to the AAT for a review of ASIC’s decision. On August 9, 2016, the AAT decided the permanent bans imposed by ASIC…
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