Australian Securities and Investments Commission (ASIC) suspends Endeavour Securities (Australia) Ltd.Australian Financial Services (AFS) License。

The license authorizes Endeavour to operate and manage interests in investment plans and to operate and manage investment plans for wholesale and retail customers.。ASIC revoked the licence because Endeavour had gone bankrupt and was being managed and wound up.。

Endeavour is the responsible entity for the registered managed investment scheme known as the Investport Income Opportunity Fund and has held AFS Licence No. 224972 since 11 February 2003.。

Linchpin runs an unregistered managed investment scheme, also known as the Investport Income Opportunity Fund.。Following ASIC's action, Endeavour and the two funds were liquidated in 2019.。