Briefs: Unlicensed lender sanctioned and three appointments 17 December 2014 4:13PM Banking Day staff Briefs, US based online brokerage firm, Interactive Brokers, will refund approximately A$1.5 million in fees and commission payments to approximately 3000 retail margin lending customers, following an ASIC investigation. The investigation found that IB did not, during the period July 2010 to August 2013, hold an Australian financial services licence that authorised the provision of margin loans. The Customer Owned Banking Association appointed Mark Degotardi as Chief Executive Officer. He has acted in the job since Louise Petschler left mid-year. Wide Bay Australia said it appointed Sandra Birkensleigh, a former PwC partner, to its board. She is currently a director of MLC. Mint Wireless said it appointed Peter Wright, a former First Data executive, to its board.