Ferras Merhi says courts will vindicate his Shield, First Guardian advice
The man ASIC alleges played a key role in the distribution of the Shield and First Guardian funds says the case against him is based on a “misunderstanding” of financial advice by the regulator. In an exclusive interview with Professional Planner, Ferras Merhi claims any adviser who fights ASIC’s allegations in court will win, and that the Albanese government should remediate investors for losses ultimately caused by the operators of the now-defunct funds.
Regulation