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Asic bans financial adviser

Australia’s Administrative Appeals Tribunal (AAT) has upheld the decision of Australia Securities and Investment Commission (Asic) to ban Joshua David Fuoco of North Fitzroy, Victoria, from providing financial services for five years, according to a statement. Asic banned Fuoco in January 2010 after an investigation into the Dollarforce Group of companies, in particular Elite Equities, a financial planning business associated…

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