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ASIC roundup: New ASIC chair, $4.9m fine for wealth fund

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 30 – February 9, 2026.

We start this week’s roundup with a key internal appointment at the Australian regulator, as Deputy Chair Sarah Court was announced as the new incoming ASIC Chair last Tuesday. She will begin her new role at the start of June this year.

Current Chair Joe Longo said Court would bring