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ASIC roundup: Misleading ESG claims, stop order, and fake ASIC adverts

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

The Australian Securities & Investments Commission’s latest actions and news, June 3 – 7, 2024.

DDO stop order against Australian Unity Funds Management – June 5, 2024

An interim stop order has been issued against Australian Unity Funds Management Ltd, which stops the company from issuing or distributing interests in the Australian Unity Select Income Fund to retail clients.

The order was made in response to a retail