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Showing 1381 - 1390 of 1614 results for "Investigation"

ASIC investigates Opes Prime

MICHAEL HOBBS  |  FRIDAY, 28 MAR 2008
Opes Prime Stockbroking is under investigation by the Australian Securities and Investments Commission (ASIC) after the firm found a number of cash and stock movement irregularities in a small number of accounts. ASIC has created a team, which will ...

Austock teams with Cantor

... correspondence has been received, and we are not aware of any reason why Austock would be the target of an ASIC investigation into these matters," the statement noted. Michelle Baltazar

Super trustee faces ASIC probe

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
The Australian Securities and Investments Commission (ASIC) obtained orders by consent in the Supreme Court of New South Wales yesterday against Fenumiai Solofuti of Campbelltown, New South Wales. These orders follow ASIC allegations that Solofuti was ...

ASIC closes Risqy Forex scheme

RUTH LIEW  |  MONDAY, 3 MAR 2008
The Australian Securities and Investments Commission (ASIC) has obtained orders in the Supreme Court of Queensland in Brisbane to close an illegal managed investment scheme involving $14.5 million being operated by unregistered New Zealand-based Risqy ...

Under Aviva's umbrella

RUTH LIEW  |  THURSDAY, 14 FEB 2008
Aviva's uninsured superannuation members of its Navigator Business Super product will soon be protected with better cover as the global financial services firm seeks to address the issue of underinsurance among its members. Eligible members with a minimum ...

Life ban for adviser after altering codes

RUTH LIEW  |  THURSDAY, 17 JAN 2008
Disgraced Tasmania-based financial adviser Adam Grant has been permanently banned from providing financial services after being caught manipulating broker codes to siphon commission payments. ASIC banned Grant, who was employed with Shadforths Limited ...

Market Wrap - Morning

AAP  |  THURSDAY, 8 NOV 2007
... office was sending subpoenas to government-sponsored mortgage financiers Fannie Mae and Freddie Mac as part of an investigation into the home loan industry. By the preliminary close in New York, the Dow Jones industrial average was down 311.52 points ...

Sub-prime still has teeth

SUZY MAC  |  MONDAY, 5 NOV 2007
... falling as much as 11.5 per cent in Friday trading. According to the Wall Street Journal, Merrill Lynch could be under investigation over its handling of mortgage debt, which prompted a downgrade of the stock by Deutsche Bank. The report said, Deutsche ...

Adviser ban after Westpoint

MICHAEL HOBBS  |  FRIDAY, 2 NOV 2007
... Andy Shen-En Chen, from providing financial advice for five years after recommending Westpoint to clients. An ASIC investigation found in between October 2004 and November 2005 Chen breached his obligation to provide reasonable advice after he provided ...

Frontier finds gold in sub-prime muck

... Northern Rock got into trouble. "The ratings system is really up for some solid review...there will be some solid investigation now, especially after Northern Rock," he said. But for the investment markets as a whole, leading finance academic David Gallagher ...