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Showing 91 - 100 of 251 results for "Financial Services Law"

AustralianSuper appoints chief risk officer

JAMIE WILLIAMSON  |  TUESDAY, 12 OCT 2021
... this very important function," he said. Trained as a lawyer, Mantello started his career in banking and financial services law at K&L Gates in 2007. He first joined the fund in October 2011 as a commercial analyst. He has held several roles over the ...

Former Regal FM portfolio manager banned

JAMIE WILLIAMSON  |  WEDNESDAY, 22 SEP 2021
... also found Rands wasn't adequately trained or competent for the role he held and is likely to contravene a financial services law again. "Market manipulation is an enduring priority for ASIC. Market manipulation undermines the integrity of, and diminishes ...

Former Millennium3 representatives cop ban

KARREN VERGARA  |  TUESDAY, 3 AUG 2021
... banned the Lismore-based duo after an investigation found that they failed to ensure that NCFS complied with financial services law; its representatives also failed to abide by Millennium3's compliance manual. Further, ASIC determined they did not supervise ...

Financial Masterplan advisers banned

ANNABELLE DICKSON  |  TUESDAY, 3 AUG 2021
ASIC banned two Gold Coast-based financial advisers for five years after they were found to have placed clients in inappropriate superannuation and insurance products. The corporate regulator believes Trent Allan and Fabrizio Urrutia were not adequately ...

ASIC prepares licensees for reference checks

KARREN VERGARA  |  WEDNESDAY, 21 JUL 2021
ASIC released more information on what financial advisers can expect from the new reference checking laws, which take effect on October 1. New protocols administered by ASIC requires a licensee recruiting a prospective financial adviser to request a ...

ASIC bans adviser over $5m fraud

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
... best interests of clients and engaging in unlicensed conduct. Concluding that Fineff was likely to breach financial services law in the future, was not adequately trained and was not a fit and proper person to provide financial services, ASIC said a ...

Forex CT cops $20 million fine

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
The Federal Court has handed down a $20 million penalty to Forex Capital Trading for engaging in a system of unconscionable conduct, including the use of high-pressure sales tactics, conflicted remuneration and failing to act in the best interests of ...

Former adviser cops eight-year ban

KARREN VERGARA  |  THURSDAY, 6 MAY 2021
... has reason to believe that they are not of good fame or character or likely to fail to comply with the financial services law," ASIC said. She has appealed to the Administrative Appeals Tribunal to review of ASIC's decision. Lee joins a long list of ...

Former Australian Unity adviser banned

JAMIE WILLIAMSON  |  THURSDAY, 29 APR 2021
A former authorised representative of Australian Unity Personal Financial Services was handed a five-year ban for telling clients MySuper options are more expensive and to opt out of the products. Christopher Chan will serve a five-year ban for writing ...

Government opens consultation on key advice reforms

JAMIE WILLIAMSON  |  MONDAY, 19 APR 2021
... as a financial adviser, such as being insolvent or convicted of fraud. They may also have contravened a financial services law, or have breached the education and training requirements or the Code of Ethics. Advisers involved in someone else's breach ...