Australian Financial Adviser Loses License After Antisemitic Tirade Against Jewish MP
An Australian financial adviser had his professional license revoked after he spewed an antisemitic tirade against a Jewish member of Parliament, the UK’s Daily Mail reported on Monday.
James Howarth posted on Twitter a series of racist comments calling Australian Assistant Treasurer Josh Frydenberg a “tinkering Jew,” a “central planning Jew,” and accusing the politician of “tendencies toward Communism.”
“Get your Josh Frydenberg ‘Central Planning Jew’ punching bag AB. I ordered 5000 in on the next Cargo flight out of ShenZhen,” Howarth said on Sunday in a Twitter post, which has since been removed.
His continued his tirade, saying:
Following the outburst, Howarth’s licensor, Libertas Financial Planning, terminated his status as an authorized representative, calling his actions inappropriate, according to the Daily Mail. He will also face disciplinary review under a financial planner representative body.
Howarth later defended his “right to free speech” in an interview with The Australian. However, while talking to the Courier Mail on Sunday he apologized for his remarks and said he was shocked they were “inadvertently taken as antisemitism.”
“I am honestly very sorry if anyone in the Jewish community was offended,” he said. “My comments were directed at continued government interference in the marketplace, one that the life insurance companies have convinced the Government that they are the victim of.”
Frydenberg, who is the first Jewish Liberal elected to the House of Representatives in Australia, was targeted for supporting proposed changes which cut upfront commissions for financial advisers.
Frydenberg commented on Howarth’s tirade saying, “This nasty, personal and derogatory language is not becoming of a financial adviser, let alone anyone else, and is completely over the top.” He has since blocked the financial adviser on Twitter.