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eToro sued for marketing high-risk CFDs to unsophisticated investors

In an August 2 lawsuit, ASIC says the online investment platform improperly targeted unsophisticated investors for volatile and risky contract-for-difference products, which 77 per cent of its retail clients lose money on.
Lisa Uhlman | 4th Aug 2023 | More
ASIC hits Spaceship Super with stop order over marketing violations

The regulator, which is cracking down on financial product issuers for violating requirements and obligations around how they market to investors, issued its first stop order over a superannuation product, temporarily closing Spaceship Super to new investments.
Lisa Uhlman | 2nd Jun 2023 | More