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Showing 171 - 180 of 1402 results for "Investments Commission"

Medcraft furious over "absolutely appalling" advice

LAURA MILLAN  |  THURSDAY, 4 DEC 2014
Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft said that despite the regulators' efforts, he still had no confidence in the financial advice industry. Speaking at the National Press Club yesterday, Medcraft said the regulator's ...

Senate grills ASIC after it blocks 250,000 websites

LAURA MILLAN  |  TUESDAY, 2 DEC 2014
The Australian Securities and Investments Commission (ASIC) will face a Senate grilling after blocking a quarter of a million websites when it was seeking to prevent access to sites associated with investment fraud. A public hearing by the Senate Communications ...

Brisbane adviser pleads guilty to $9 million fraud

LAURA MILLAN  |  FRIDAY, 28 NOV 2014
... 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 a company again in 18 months.

ASIC stands up for adviser national exam

LAURA MILLAN  |  FRIDAY, 28 NOV 2014
... Australia should undertake a national examination to lift industry standards, Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft has told a parliamentary committee "The industry needs to get its house in order and the introduction ...

APRA's IT infrastructure strains

ALEX DUNNIN  |  FRIDAY, 28 NOV 2014
... and Excel files. APRA's information technology difficulties come just as the Australian Securities and Investments Commission (ASIC) lobbies the government to be included as a recognised agency as part of its data retention plans, Treasury is finalising ...

ASIC calls for standard cyber risk measure

LAURA MILLAN  |  THURSDAY, 27 NOV 2014
... international methodology to measure the businesses' vulnerability to the risk, Australian Securities and Investments Commission (ASIC) chairman Greg Medcraft said. "Cyber-crime around the world is growing and will continue to grow," Medcraft said, and ...

Adviser jailed for two years over $1.5M fraud

LAURA MILLAN  |  MONDAY, 24 NOV 2014
... $1.5 million worth of shares. Michael King was made eligible for parole, but the Australian Securities and Investments Commission (ASIC) commissioner John Price said that "jail sentence shows that the court views misconduct by financial advisers very ...

Advisers confronted with harsh reality of whistleblowing

LAURA MILLAN  |  FRIDAY, 21 NOV 2014
... several cases of adviser malpractice within Commonwealth Bank, initially to the Australian Securities and Investments Commission (ASIC) and later to the media, when he realised that the regulator was not acting on his and other whistleblowers' information. ...

ASIC begins legal action against LM Investment Management

MARK SMITH  |  THURSDAY, 20 NOV 2014
The Australian Securities and Investments Commission (ASIC) has begun legal action against LM Investment Management (LMIM) founder Peter Charles Drake and its former directors. The regulator is seeking financial penalties and banning orders following ...

ASIC to scrutinise intra-fund advice

JAMES FERNYHOUGH  |  WEDNESDAY, 19 NOV 2014
... scrutiny of their intra-fund advice operations over the coming year, according to Australian Securities and Investments Commission (ASIC) deputy chairman Peter Kell. Kell said the regulator's increased scrutiny of this growing category of advice would ...