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ASIC roundup: Concern after SMSF advice review, HESTA pays infringement notices

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, November 3 – 7, 2025.

David Fairfull pleads guilty to misleading investors and dishonestly using his position – November 4, 2025

David Fairfull, former CEO of AI marketing company Metigy, has pleaded guilty to one count of making false and misleading statements – violating s1041E(1) of the Corporations Act 2001, and one count of dishonestly using his director’s position