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Showing 1471 - 1480 of 2383 results for "Rule"

Morphic receives Lonsec approval

MARK SMITH  |  WEDNESDAY, 26 JUN 2013
The Morphic Global Opportunities Fund (MGOF) has been awarded an 'Investment Grade' rating from Lonsec. Launched 10 months ago by two former Hunter Hall investment managers, Jack Lowsenstein and Chad Slater, the fund now has $30 million under management ...

Labor completes super agenda with passage of four bills

JAMES FERNYHOUGH  |  TUESDAY, 25 JUN 2013
The federal government's superannuation reform agenda is complete following the passage of four bills through the Senate last night. Included in the new laws (listed below) was an increase in concessional contribution caps to $35,000 for people over ...

ASIC relaxes HFT and dark pool proposals

MARK SMITH  |  TUESDAY, 18 JUN 2013
The Australian Securities and Investments Commission (ASIC) has relaxed parts of its proposed rule changes for dark pools and high-frequency trading (HFT) after extensive consultation with the industry. ASIC will not go ahead with proposals to rest ...

EQT to take Trust-Perpetual acquisition to ACCC

LAURA MILLAN  |  THURSDAY, 13 JUN 2013
Equity Trustees (EQT) will make a submission to the Australian Competition and Consumer Commission (ACCC) on the implications for the competitive positions of the trustee markets if Perpetual acquires The Trust Company. In a letter to its shareholders ...

Aust shares open lower

AAP  |  WEDNESDAY, 12 JUN 2013
The Australian share market is back in the red, opening half a per cent lower after offshore markets fell sharply overnight. The recent weakness in the Australian dollar has also led to many foreign investors taking their money out of Australia, including ...

Study finds dark pools damage market quality

MARK SMITH  |  WEDNESDAY, 12 JUN 2013
Dark pools are damaging overall price discovery and market quality in the US, according to new research by Capital Markets Cooperative Research Centre (CMCRC). Researchers from the Australian independent academic centre for capital market research looked ...

Free service may help advisers bypass FoFA costs

JAMES FERNYHOUGH  |  THURSDAY, 6 JUN 2013
Curve Securities' new service, 'TD Gateway', will enable financial advisers to bypass many of the costs associated with the Future of Financial Advice (FoFA) reforms, according to Curve managing director Andrew Murray. The free-of-charge service will ...

Lonsec expects growth in smart beta ETFs

MARK SMITH  |  WEDNESDAY, 5 JUN 2013
Investment research house Lonsec believes Australia can expect the market for exchange traded funds (ETFs) tracking 'smart beta' or non-traditional indices to grow in popularity as a focus on risk since the global financial crisis has resulted in greater ...

RBA decisions decisions

BENJAMIN ONG  |  TUESDAY, 4 JUN 2013
Taper on, taper off, taper on, taper off, taper... After so many days of riding this see and saw and saw and see of market speculation, you, I and Irene (and yes, you too Stuart) have become experts at discerning the why's and wherefores for the ups ...

Merrill Lynch to pay $120k over compliance infringement

JAMES FERNYHOUGH  |  MONDAY, 3 JUN 2013
... the price of FUTDA. The MDP found that, between 1 August 2010 and 24 May 2011, Merrill Lynch had been in contravention of Rule 5.6.3(a) of the ASIC Market Integrity Rules (ASX Market) 2010. Merrill Lynch had a poor compliance history, including a similar ...