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Showing 1131 - 1140 of 1612 results for "Investigation"

PIF Action Group questions ASIC decision on Wellington

LAURA MILLAN  |  WEDNESDAY, 1 MAY 2013
The Australian Securities and Investments Commission (ASIC) decision to drop the investigation into the Wellington Premium Income Fund (PIF) has angered the PIF Action Group. PIF Action Group president Peter Grenadier told Financial Standard that in ...

ASIC winds up 3 fraudulent QLD financial services companies

LAURA MILLAN  |  MONDAY, 29 APR 2013
... approximately $1 million between May and October 2012. An Australian Securities and Investments Commission (ASIC) investigation discovered that Secured Collateral, Diversified Collateral, Intra Management and their directors, Keiron Michael Weertman ...

Former SMSF adviser sentenced

LAURA MILLAN  |  TUESDAY, 23 APR 2013
... subject to a recognisance order, without security, and requiring him to be of good behaviour for 18 months. An ASIC investigation into Dangar's conduct between January 2004 and September 2007 led to three charges being laid. In July 2012 Dangar pleaded ...

Former Citigroup broker convicted for insider trading

LAURA MILLAN  |  FRIDAY, 19 APR 2013
The Western Australia Supreme Court has convicted a former Citigroup broker for insider trading, following an investigation from the Australian Securities and Investments Commission (ASIC). The broker, Colin Edward George Hebbard, of Gwelup, Western ...

One third of SMSF advice is poor: ASIC

ALEX DUNNIN  |  THURSDAY, 18 APR 2013
... while most advice quality is adequate, there is a trend towards recommending SMSFs as the default solution. The investigation reflects how, despite SMSFs not being prudentially regulated, consumer and disclosure regulatory monitoring around the sector's ...

ASIC charges former financial adviser

LAURA MILLAN  |  FRIDAY, 12 APR 2013
... $684,000 in the Blue Diamond Deposits Trust No. 1 (BDT) between September 2008 and January 2009, according to an ASIC investigation. Whitting has appeared in the Dromana Magistrates Court charged with 10 offences following an ASIC investigation and will ...

ASIC accepts enforceable undertaking from City Index

LAURA MILLAN  |  WEDNESDAY, 10 APR 2013
... deficiencies in its client money handling practices. CIA paid two infringement notices in October 2012 and ASIC began an investigation on the business focused on several weaknesses, including client money handling arrangements, controls to ensure compliance ...

Securities dealer scales back after ASIC review

LAURA MILLAN  |  THURSDAY, 4 APR 2013
... Nicholas James Ellis of Valentine in New South Wales from providing financial services for six years following an investigation. ASIC found Ellis engaged in dishonest conduct and misleading or deceptive conduct by making dishonest statements to a client ...

ASIC bans another insurance broker

MARK SMITH  |  FRIDAY, 22 MAR 2013
... director of Bay Pacific in Edgecliff, New South Wales, was found to be engaged in dishonest conduct following an investigation between 15 October 2010 and 28 March 2012. According to ASIC he provided invoices to clients that specified that insurance ...

ASIC steps up investigation into SMSF fraud

MARK SMITH  |  WEDNESDAY, 20 MAR 2013
... property company accused of misleading the market by the regulator. The move is part of the regulator's ongoing investigation into concerns about the way two firms, Royale Capital and ActiveSuper advised and administered SMSFs. ASIC's investigation has ...