ASIC flags 9 brokers: 1 exits Australia over risky retail products
ASIC's March–June 2026 surveillance of nine online brokers found novice investors easily scaling into options, derivatives and fractional shares. One broker exited Australia, two restricted high-risk onboarding and five remediated — a compliance signal for the entire digital-broking sector.
Source: merimbulanewsweekly.com.au · edenmagnet.com.au