SFO investigates Australian Securities NZ Ltd

The Serious Fraud Office (SFO) is investigating financial advisory firm Australian Securities (NZ), which trades derivatives and options on the futures market of the Australian Stock Exchange.

The SFO undertook a preliminary investigation in May and the matter is being upgraded to allow the use of more extensive investigative powers. Independent experts will be engaged to help the SFO.

"While the matter is at a relatively early stage and no adverse conclusions have been reached, we believe it is in the public interest for current or future investors to be aware of SFO’s inquiries," said SFO chief executive Adam Feeley.

Australian Securities is based in Auckland.

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

PFI - Q3 Div & Upgraded FY25 Div Guidance, FY26 Div Guidance
AIA - Auckland Airport announces leadership team change
May 9th Morning Report
May 8th Morning Report
NZME Takeovers Panel determination
MNW - Commerce Commission clears the Contact Energy acquisition
May 7th Morning Report
General Capital Appoints New CFO
SUM - Summerset Considers Retail Bond Offer
SKC - Updated FY25 Full Year Earnings Guidance