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ASIC roundup: Prison sentences for insider trading and stealing

Montage of the Australian arms Emu and Kangaroo emblem
GRIP Montage: ASIC/Getty Images

The Australian Securities and Investments Commission’s latest actions and news, January 6 – 23, 2025.

Directors disqualified for five years – January 13, 2026

Jimmy Yang (also known as Jimmy Liu) and Freda Feng, the husband-and-wife directors behind a group of collapsed agriculture businesses – which were also linked to a NSW corruption scandal – have both been disqualified from managing corporations for five years.

The pair were directors of