Regulatory Alerts2026-02-13
ASIC cancels AFS licence of Pulse Markets for serious and sustained breaches of duties
The Australian Securities and Investments Commission has cancelled the Australian financial services licence of Pulse Markets Pty Ltd effective 11 February 2026 due to serious and sustained breaches of duties under the Corporations Act 2001. The regulator found that the securities dealer failed to maintain competence, adequately supervise corporate authorised representatives, prepare required financial statements, and pay industry levies, thereby exposing clients to financial loss. Pulse Markets retains the right to apply to the Administrative Review Tribunal for a review of this decision.
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