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Showing 151 - 160 of 284 results for "Enforceable undertaking"

Report confirms failed CBA compensation

LAURA MILLAN  |  THURSDAY, 23 APR 2015
... the Compensation Program that started under the Australian Securities and Investments Commission (ASIC) enforceable undertaking to Commonwealth Financial Planning (CFPL) and Financial Wisdom (FWL) in 2011. Despite being under ASIC's surveillance, in ...

ASIC ends Macquarie EU but sees gaps in advice files

LAURA MILLAN  |  FRIDAY, 13 FEB 2015
... require further testing, the Australian Securities and Investments Commission (ASIC) said as the two year enforceable undertaking (EU) into the organisation's advice arm comes to an end. "While there have been substantial improvements in MEL's operations ...

ASIC to face legal action over Storm Financial

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
... Storm Financial products. The solicitor alleges that ASIC had all the knowledge that it needed to start an enforceable undertaking (EU) against Storm Financial planners by late 2007 or, at the latest, by early 2008. However, it did not demand the EU ...

ASIC accepts EU from Victorian adviser

HARRY PAGE  |  THURSDAY, 11 DEC 2014
The Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking (EU) from former Professional Investment Services (PIS) representative Seamus O'Brien. O'Brien previously traded as Cambridge Financial Planning in South ...

Register to include qualifications, association membership

LAURA MILLAN  |  MONDAY, 1 DEC 2014
The government's public financial adviser register will include adviser's qualifications and professional association memberships by March 2015, Treasury has confirmed. A statement by the department confirmed that the register will also include the ...

Brisbane adviser pleads guilty to $9 million fraud

LAURA MILLAN  |  FRIDAY, 28 NOV 2014
... re-appointment. Dimitri Amargianitakis has been banned from financial services for eight years, but under the enforceable undertaking (EU) that he has entered with the Australian Securities and Investments Commission (ASIC) he will be able to manage ...

SEC imposes US$4.16bn in penalties

ALEX DUNNIN  |  WEDNESDAY, 19 NOV 2014
The US corporate regulator, the Securities and Exchanges Commission (SEC), won orders for and imposed US$4.16 billion in penalties and disgorgements last year. In its 2013-14 annual report the SEC stated these penalties and disgorgements arose from ...

ASIC intervenes non-compliant Aurora listed funds

LAURA MILLAN  |  FRIDAY, 14 NOV 2014
Aurora Funds Management has entered into an enforceable undertaking (EU) with the Australian Securities and Investments Commission (ASIC) after the regulator identified compliance failings in some of its listed investment schemes. ASIC is concerned ...

Gold Coast advice firm enters EU over misleading ads

LAURA MILLAN  |  TUESDAY, 11 NOV 2014
... Coast-based financial planning and property management business Equanimity Concepts has entered into an enforceable undertaking (EU) with the Australian Securities and Investments Commission (ASIC). The regulator found that from January 2012 to July ...

Government clarifies adviser register funding

LAURA MILLAN  |  MONDAY, 27 OCT 2014
The government's public register of financial advisers will raise $5 million over the next four years by increasing the Australian Financial Services (AFS) licensee annual lodgement fee with the Australian Securities and Investments Commission (ASIC). ...