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Showing 1551 - 1560 of 2080 results for "Australian Securities"

Family banned by ASIC and AFSL revoked

HAMISH MADDEN  |  MONDAY, 13 NOV 2006
... and have had their Australian Financial Services License (AFSL) revoked following an investigation by the Australian Securities and Investments Commission (ASIC). Australian Business Insurance Advisers (ABIA) was a family business operated out of Adelaide ...

Broker gets jail term for forgery

... knowledge. In a case bearing some resemblance to the now infamous Nick Leeson-Barings Bank scandal, the Australian Securities and Investments Commission (ASIC) alleged that former options advisor and stockbroker Neville John Kakoschke of Thorngate, South ...

ASIC cautions over rate rise advertising

HAMISH MADDEN  |  TUESDAY, 7 NOV 2006
With the recent interest rate rise and another imminent, the Australian Securities and Investments Commission (ASIC) has cautioned lenders over advertising and promotional material which may not accurately reflect a rate rise. Already home loan lenders ...

Former NAB adviser gets 8 years

HAMISH MADDEN  |  MONDAY, 6 NOV 2006
... eight years for dishonesty and fraud relating to nearly $6 million of misappropriated funds. Following an Australian Securities and Investments Commission (ASIC) investigation, Paul Drakos from the New South Wales Central Coast entered guilty pleas in ...

ASIC bans Tweed but can't stop off-market traps

HAMISH MADDEN  |  FRIDAY, 3 NOV 2006
David Tweed, the perennial off-market shareholder predator, has been banned by the Australian Securities and Investments Commission (ASIC) from providing financial services. ASIC banned Tweed for his role relating to two offers to acquire holdings from ...

Not on our watch: ASIC

In the 12 months to June 2006, the Australian Securities and Investments Commission (ASIC) has recorded a 34 per cent increase in action against illegal investment schemes, 90 per cent more civil orders against professional misconduct and enforcement ...

Advice in 2020

ALEX DUNNIN  |  TUESDAY, 31 OCT 2006
... may have even developed a way to pay for advice based upon Medicare bulk billing." Darren Williams, the Australian Securities and Investment Commission's (ASIC) director of compliance for financial services, said, "Consumers would have learned to be ...

Lo-doc broker to pay client compensation: ASIC

Small-time mortgage brokers who think they may be too insignificant to catch the ire of the Australian Securities and Investments Commission (ASIC) should take heed after the regulatory watchdog took legal proceedings against a Canberra-based lo-doc ...

Reverse mortgage regulation lacks cohesion

HAMISH MADDEN  |  TUESDAY, 24 OCT 2006
... attendees at the SEQUAL forum last week, Greg Tanzer, executive director, consumer protection directorate, the Australian Securities and Investments Commission (ASIC), explained that ASIC did not have the legislative power to regulate reverse mortgage ...

Tassie investment schemes wound up

HAMISH MADDEN  |  FRIDAY, 20 OCT 2006
The Australian Securities and Investments Commission (ASIC) has succeeded in its bid to have two Tasmanian unregistered managed funds wound up. ASIC obtained orders in the Tasmanian District Registry of the Federal Court of Australia to wind up the ...