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Showing 91 - 100 of 896 results for "Banned"

Majority pass adviser exam

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... June 5, August 7, and November 6. Recently, former Western Australian financial adviser Dashiel Benjo Vee was permanently banned after he lied to his employer and clients about having passed the Financial Advisers Exam. ASIC found that he provided his ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... small amounts to the fund to create an impression that it was receiving interest on its investments. He was permanently banned in 2016 after being charged. Jayaweera's verdict was handed down by a jury at the Brisbane District Court, who this time found ...

Future Group joins campaign to ban gambling ads

MICHELLE BALTAZAR  |  WEDNESDAY, 14 AUG 2024
... health, and gambling advertising can only exacerbate the problems," he said. "We believe that gambling advertising should be banned, in the same way that cigarette advertising was banned in the 1970s." Seven in 10 Australians favour a complete ban, the ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... that he'd created a culture of non-compliance and incompetence at the firm. Despite Hewish's ban being recorded on ASIC's banned and disqualified register, he and UGC, which was placed into voluntary administration last month, are appealing the regulator's ...

Build Your Wealth adviser cops ban

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
The owner and financial adviser at Build Your Wealth has been banned from the industry for five years after ASIC found evidence of conflicts of interest. Christopher Edward Luff failed as a financial adviser, according to ASIC's investigation, particularly ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
ASIC has banned two former directors and responsible managers of XTrade, a trading platform that offers clients opportunities to trade in contracts for difference (CFDs) and foreign exchange contracts. The directors, Shay Zakhaim and Anthony Anderson ...

ASIC permanently bans Queensland adviser

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
The Australian Securities and Investments Commission (ASIC) has banned Queensland-based financial adviser Anass Abdalla. ASIC said Abdalla has been banned from providing any financial services, performing any function involved in the carrying on of ...

BitConnect promoter hit with good behaviour

KARREN VERGARA  |  TUESDAY, 16 JUL 2024
... in financial losses and believed that Bigatton will not reoffend. "I also take into account that the offender has been banned by ASIC from providing financial services until 31 August 2027. The existence of such an order, which keeps him well away from ...

Adviser permanently banned for faking qualifications

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
A Western Australian financial adviser was permanently banned after he lied to his employer and clients about having passed the Financial Adviser Exam. Dashiel Benjo Vee, also known as Dash Vee, is banned from providing financial services, controlling ...

AAT slashes adviser ban

KARREN VERGARA  |  MONDAY, 8 JUL 2024
A financial adviser banned from practising for two years for failing to keep appropriate records had the term slashed in half by the Administrative Appeals Tribunal (AAT). The AAT varied ASIC's decision to ban Christopher Betalli from providing ...