ASIC has cancelled the credit licence of a Sydney mortgage broker and banned him from credit services for 5 years.
It was found that Mr Arthur Sperling had breached his obligations by submitting false and misleading information to lenders.
For more information, http://www.asic.gov.au/about-asic/media-centre/find-a-media-release/2013-releases/13-080mr-asic-bans-sydney-mortgage-broker-and-cancels-his-australian-credit-licence/
