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FED:Regulator confirms probe as advisory firm head 'quits'

A major financial services firm is in the sights of the corporate regulator over the conduct of a few of its registered auditors, following whistleblower allegations.

Confirmation of an investigation came during a federal parliament joint committee hearing on Friday morning attended by Australian Securities and Investments Commission commissioners, including chair Joe Longo.

The commissioners, including deputy chair Sarah Court, Kate O'Rourke, and head of enforcement and compliance Chris Savundra, were being questioned by committee chair and Labor senator Deborah O'Neill.

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