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ASIC roundup: Insider trading and directors’ failings

A man looks at the electronic display of stocks at the Australian Stock Exchange
Photo: Jenny Evans/Getty Images

The Australian Securities & Investments Commission’s latest actions, June 13 – 22.

Morrison Securities Pty Ltd pays $333,000 infringement notice – June 22, 2023

Morrison has paid a penalty of A$333,000 ($222,515) to comply with an infringement notice brought by the Markets Disciplinary Panel (MDP).

The MDP said it had “reasonable grounds to consider” that Morrison contravened Rule 5.9.1 of the ASIC Market Integrity Rules” six times on