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Bankrupt AFSL chairman banned

The chairman of a beleaguered financial services company has filed for bankruptcy and has subsequently been banned by the corporate regulator.

ASIC has banned former Wickham Securities chairman Bradley Thomas Sherwin, who also headed up Sherwin Financial Planners, for a period of two years and seven months – the period remaining of Mr Sherwin’s bankruptcy.

The regulator’s investigation into the Sherwin Group continues.

More to come.