ASIC roundup: Prison for Mansa Group director, 2026 enforcement priorities

The Australian Securities and Investments Commission’s latest actions and news, November 10 – 14, 2025.

Multiple actions relating to the Shield and First Guardian Master Fund – November 13, 2025

On November 13, ASIC:

  • sued Interprac over alleged Shield and First Guardian licensee failures;
  • sued SQM Research over alleged misleading reports connected to Shield; and
  • took action against MWL Financial Services, former director Nicholas Maikousis, and Imperial Capital Group

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