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Showing 131 - 140 of 158 results for "ASIC for"

Credit Suisse fined by ASIC

MELANIE TIMBRELL  |  FRIDAY, 28 SEP 2012
Credit Suisse Equities has paid $52,000 to ASIC for interference in market integrity due to use of the wrong trading strategy in its automated order processing system. The infringement occurred last May when a client erroneously initiated an unintended ...

AFA releases draft code of conduct

BEN COLLINS  |  THURSDAY, 19 JUL 2012
... guidance in the area, said AFA. "After that point, associations will need to finalise their codes and submit them to ASIC for approval," said the AFA. The paper sets out several "principals of practice", as well as guidance on professionalism, AFA member ...

FPA calls on ASIC for clearer advice definitions

LINDA HAUSKEN  |  WEDNESDAY, 2 MAY 2012
The Financial Planning Association has called on The Australian Securities and Investments Commission for greater clarity and definitions of quality advice. Approximately 150 practising financial planners, along with licensees and compliance, legal ...

FOFA opt-in amendment in full

CLAIRE MCGREAL  |  THURSDAY, 22 MAR 2012
... requirement), if ASIC is satisfied that the person is, or persons of that class are, bound by a code of conduct approved by ASIC for the purposes of this section. The government said a code of conduct is approved by ASIC in relation to opt-in if: (a) ...

ASIC forces iPlan to hire compliance expert

MATT WOODINGTON  |  THURSDAY, 9 JUN 2011
ASIC has imposed new conditions on iPlan's Australian financial services (AFS) licence after it unearthed a conflict of interest relating to the use of investment platforms. Under the terms of its revised licence iPlan must appoint an independent compliance ...

Signature scam adviser banned for life: ASIC

ALISON BEVEGE  |  FRIDAY, 27 MAY 2011
... margin account he had opened in his mother's name. King, 41, has been given a life ban from financial services regulator ASIC for engaging in misleading and deceptive conduct between 2007 and 2008 over the alleged incident. He has the right to appeal ...

Former Chartwell director pleads guilty

ELISE BURGESS  |  FRIDAY, 10 DEC 2010
... to carrying on a financial services business. The two executives of Chartwell faced a combined 243 charges brought by ASIC for the $60 million collapse of the Geelong-based investment firm.

ASIC starts short positions daily reporting

ASIC RELEASE  |  WEDNESDAY, 23 JUN 2010
... regulator is required to aggregate this information and report for each product the total of all short positions disclosed to ASIC for each 'reporting day'. ASIC publishes this information four reporting days after the date the position is held. This ...

Hockey calls for FSR review

MICHAEL HOBBS  |  WEDNESDAY, 21 APR 2010
... executives that were working on FSR left the regulator and the reforms fell into the hands of lawyers. "I will not forgive ASIC for letting the lawyers take over FSR. We wanted it to be deliberately flexible... I didn't want the parliament to get into ...

ASIC enforces AFSLs for margin lenders

ASIC RELEASE  |  TUESDAY, 2 FEB 2010
... Financial Services license - or face closing shop. Existing margin lenders and advisers on margin loans must apply to ASIC for an AFSL authorisation between 1 February 2010 and 30 June if they intend to continue to provide a margin lending financial ...