ASIC drops insider trading probe into billionaire Richard White
The Australian Securities and Investments Commission (ASIC) has dropped its insider trading investigation into WiseTech Global founder Richard White. The regulator issued no-action letters regarding share sales made during a blackout period.
Why it matters
This resolution provides regulatory clarity for a major tech company and its leadership, though a separate investigation into an unnamed individual remains active.
— 11:07am , first published October 15, 2026 — 9:25am
Save You have reached your maximum number of saved items.
Remove items from your saved list to add more.
Gift Gift icon 0 / 3 No gift articles left
You've used all of your gift articles. 3 more will become available on the 1st of every month.
Share A A A The corporate regulator will take no action against WiseTech Global founder Richard White over his sale of more than $200 million in shares during a company blackout period.
WiseTech told the ASX on Thursday that the Australian Securities and Investments Commission (ASIC) had concluded its investigation into White and two other current employees, and had issued no-action letters confirming it would not take enforcement action against any of them.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in