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Showing 151 - 160 of 1605 results for "Investigation"

GQG breaches SEC whistleblower protection laws

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
... required the former employee to affirm that he or she had not done so; was not aware of facts that would support an investigation; and would withdraw any statements already made that might support an investigation," the SEC said. These provisions violated ...

ACCC approves Lendlease, Stockland property deal

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
... supply of residential masterplanned community housing in Illawarra, North West Perth, Ipswich, and Moreton Bay. Its investigation later found few competing projects to challenge Stockland in Illawarra, and that "prospective entrants" face hurdles, including ...

Early release of super scammer sent to prison

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... 18 months. She plead guilty in November 2023 to 30 charges after the Australian Federal Police (AFP) launched an investigation in 2020 into her activities on the back of the Australian Taxation Office's Serious Financial Crime Taskforce (SFCT), which ...

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... LIBOR +3% over a market cycle, while minimising negative performance periods via active management. The regulator's investigation found thousands of "odd lot" CMO positions traded at a discount to institutional, larger-sized positions. Odd lots were ...

Court freezes assets of company director

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... funds to purchase a luxury motor vehicle, and real estate at Surfers Paradise in Queensland. "Even though ASIC's investigation is at an early stage, the evidence presently before the Court is quite extensive," Yates said. He rose concerns that some of ...

TradingHub makes Australian debut

MATTHEW WAI  |  TUESDAY, 10 SEP 2024
... becoming increasingly sophisticated, which is now under heightened scrutiny via ASIC's establishment of a new criminal investigation team. According to the platform, its surveillance system (MAST) can eliminate certain instances of market manipulation ...

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
... Australia, and Next Generation Advice having recommended investment in the Shield Master Fund. ASIC launched an investigation in February to halt new investment offers in Shield Master Fund, and the corporate watchdog simultaneously made interim stop ...

APRA alleges First Super co-chair breached director duties

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2024
... members, and to always prioritise members' interests when in a position of conflict. The allegations follow an investigation by APRA into a member and employer services contract (MESC contract) between First Super and the CFMEU. APRA alleges O'Connor ...

ASIC cancels AFSL of foreign exchange contracts issuer

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
... (CFDs) and foreign exchange contracts issuer, FXOpen AU. ASIC said the decision to cancel the licence came after an investigation identified serious concerns about the adequacy of its human resources to provide financial services and to carry out supervisory ...

CLSA penalised over data mistakes

MATTHEW WAI  |  FRIDAY, 30 AUG 2024
... Providing distorted data is "potentially hindering" to ASIC's market surveillance capabilities. ASIC launched an investigation on 16 January 2023 after CLSA reported two block trades, which generated volume alerts on ASIC's surveillance systems.