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Showing 131 - 140 of 3702 results for "Order"

Praemium partners to offer more global options

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... more tailored, diversified solutions to their clients, Praemium said. Noting its comprehensive suite of services - spanning order execution, settlement, safekeeping, and asset servicing, Praemium believes the integration will consolidate cross-border ...

Societe Generale fined $3.88m

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
... the potential to impact supplier funding costs, and in turn electricity and wheat prices for consumers," ASIC said. "Each order displayed characteristics of an intention to 'mark the close', meaning they were placed within the last two minutes ...

Former United Global Capital adviser banned

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025
Former United Global Capital (UGC) adviser Milutin Petrovic is banned for six years after ASIC found he failed key advice obligations when recommending clients invest their retirement savings into the Global Capital Property Fund Limited (GCPF). Petrovic ...

ASIC piles more charges on Merhi

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... slapped travel restraint orders on Merhi in July to stop him from leaving the country until 12 December 2025 or until further order of the court. Clients of Merhi and his advisers invested about $296 million of their superannuation into First Guardian ...

Shield-linked advice firm director, compliance manager banned

JAMIE WILLIAMSON  |  THURSDAY, 28 AUG 2025
The AFSL of MWL Financial Services has been cancelled, while both its director and its compliance manager have copped bans after they allegedly helped funnel more than $150 million in investments into the Shield Master Fund. MWL recommended Shield to ...

Perpetual flags 'uncertainty' over wealth management sale

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
... of arrangement with KKR in February 2025, Perpetual determined to continue internal separation of its three businesses in order to simplify its business, as well as pursue toe sale of its wealth management business," Perpetual said. Commenting on the ...

ASIC proposes 'kill switches' for unusual trading

ELIZA BAVIN  |  THURSDAY, 28 AUG 2025
... obsolete rules and reduce complexity as part of its focus on streamlining the MIRs. These include repealing the automated order processing annual notification to ASIC requirement. ASIC said its proposals aim to streamline and reduce complexity by applying ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Equity Trustees will face court over its alleged due diligence failures concerning the Shield Master Fund. ASIC flagged that as a superannuation trustee, Equity Trustees oversaw the investment of around $160 million of retirement savings into Shield ...

Former adviser back in Australia to face theft charges

JAMIE WILLIAMSON  |  MONDAY, 25 AUG 2025
A former financial adviser accused of stealing millions from clients will finally face court after being extradited back to Australia from New Zealand. Marion Pearson allegedly stole $4.1 million from 13 clients between January 2009 and October 2013. ...

ASIC freezes assets of First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
... orders also bar Cotton and FMPE from incurring new liabilities or transferring monies in any bank account until further order, ASIC said. Cotton was notified of the court hearing but did not attend. A further hearing is listed on September 11. The FMPE ...