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Showing 1561 - 1570 of 2080 results for "Australian Securities"

Property promoter gets life ban and $1.1m penalty

... were promised around 30 per cent per year returns which were described as 'secured and guaranteed'. But the Australian Securities and Investments Commission (ASIC) found that most of the investments were actually unsecured loans. According to ASIC, ProCorp ...

ASIC clearing guidlines will segment the service chain

KATE HAGE  |  WEDNESDAY, 18 OCT 2006
... house providers will now have to provide employers with product disclosure statements (PDS) after a recent Australian Securities and Investments Commission (ASIC) review found that they fall under the financial services licensing and Corporations Law ...

ACCC should regulate fund advertising: IFSA

ALEX DUNNIN  |  MONDAY, 9 OCT 2006
Regulation of super fund advertising should be taken away from the Australian Securities and Investments Commission (ASIC) and handed to the competition regulator the Australian Consumer and Competition Commission (ACCC), said the Investment and Financial ...

ASIC welcomes ex-head of ASX

HAMISH MADDEN  |  FRIDAY, 6 OCT 2006
... will start his new life as a regulator after being announced as a newly appointed commissioner with the Australian Securities and Investments Commission (ASIC). The announcement by Treasurer Peter Costello was welcomed by ASIC chairman, Jeffrey Lucy. ...

Adviser faces charges of pilfering $1.3m

HAMISH MADDEN  |  FRIDAY, 6 OCT 2006
... Leech faced Bendigo Magistrates Court for 18 charges of theft and dishonesty brought about following an Australian Securities and Investments Commission (ASIC) investigation. At the time of the alleged offences between July 1998 and November 2005 Leech ...

Clearing houses need to be licensed: ASIC

ALEX DUNNIN  |  WEDNESDAY, 4 OCT 2006
The Australian Securities and Investments Commission (ASIC) has announced that it considers clearing houses to be financial products and operators will therefore need to be licensed. In announcing its position, ASIC has drawn a distinction between clearing ...

Super roll-over promoter to serve time

HAMISH MADDEN  |  MONDAY, 25 SEP 2006
... Ferrantino was sentenced to two years in prison suspended after five months. Following an investigation by the Australian Securities and Investments Commission (ASIC), it was alleged that Ferrantino had advised clients that their preserved super could ...

ASIC bans building insurance broker

The Australian Securities and Investments Commission (ASIC) has banned former insurance broker Dennis Murvan Gentry, of Collingwood, Victoria from providing financial services for five years. ASIC found that Gentry engaged in dishonest and misleading ...

ASIC chairman to head international auditors forum

HAMISH MADDEN  |  TUESDAY, 19 SEP 2006
Australian Securities and Investments Commission (ASIC) chairman, Jeffrey Lucy, has been appointed as inaugural chairman of the International Forum of Independent Audit Regulators (IFIAR). Lucy said that Australia's financial services environment put ...

Advice scam nets accountant 8 years inside

HAMISH MADDEN  |  TUESDAY, 19 SEP 2006
... unsecured loans by 10 investors between 1999 and 2003. Walters was arrested in Hobart in April 2003 after an Australian Securities and Investments Commission (ASIC) investigation. He was permanently banned from giving financial advice in September 2004. ...