Wholesale & Retail Clients

Australian Securities and Investments Commission v Oztures Trading Pty Ltd [2026]

ASIC v Oztures Trading Pty Ltd [2026] FCA 509 examines Binance Australia Derivatives’ systemic misclassification of retail clients as wholesale clients or sophisticated investors. The decision highlights the need for legally valid onboarding controls, Australian-law-specific training and effective retail product protections.

Step 1 of 8 - Your Role

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Assess your ASIC exposure

Answer a few targeted questions to identify where your compliance may not stand up under ASIC review.

Takes less than 2 minutes. No preparation required.

What best describes your role?