More than 120,000 investors remain in the dark on when access to their online accounts with La Trobe Financial will be restored, after the non-bank lender took its investment platform offline following an order from the corporate regulator to stop selling some of its products.
La Trobe, which is being sold by its private equity owner Brookfield, was issued interim stop orders by the Australian Securities and Investments Commission on Thursday on new investments into three of its funds, worth nearly $12 billion.
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