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Showing 171 - 180 of 338 results for "Watchdog"

Credit Suisse fined for systems mishap

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
... Commission for failing to have the appropriate price limits in place across its automated order processing (AOP) systems. The watchdog found Credit Suisse did not have the appropriate price filters for more than five years, during which about 9800 orders ...

Australian system needs "substantial reassessment": SEC veteran

ALEX BURKE  |  TUESDAY, 19 APR 2016
... Thomas's mind, that a substantial reassessment - that goes far beyond simply providing additional resourcing for a financial watchdog - is "incredibly useful." "At worst, it'll have a limited yield, but they'll be at peace that they spent the time to ...

Industry groups slam SEC plan to limit derivatives

WHITNEY FITZSIMMONS  |  THURSDAY, 31 MAR 2016
... Commission (SEC) to try to limit investors' exposure to risk. In December Mary Jo White, the chair of the US corporate watchdog said a funds' use of certain instruments can cause "substantial and rapid losses" or force managers to sell holdings during ...

ASIC to be handed greater powers

MARK SMITH  |  TUESDAY, 20 OCT 2015
... final report, the government has agreed to implement most of the recommendations put forward to strengthen the industry watchdog. In its response, the government said it would do more to prevent product and advice failures, acknowledging that the losses ...

BT pays fines for misleading super statements

STAFF WRITER  |  TUESDAY, 16 JUN 2015
Australia's corporate watchdog said BT Funds Management recently paid more than $20,000 in fines. An Australian Securities and Investments Commission (ASIC) statement said BT paid two infringement notices for misleading statements contained in the online ...

Advisers Register hits 22k

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
... history of financial advisers through the register will become even more important and Kell hinted where the corporate watchdog might be targeting next. He said ASIC continues to regard conflicted remuneration arrangements as a key risk indicator and ...

Abuse of reporting rules widespread: Medcraft

MARK SMITH  |  MONDAY, 23 MAR 2015
... Commission (ASIC) chairman Greg Medcraft has highlighted companies "abuse" of breach reporting rules. The head of the industry watchdog made the comments in front of a Senate public hearing in Sydney on Friday following fresh information coming to light ...

Market wrap

AAP  |  THURSDAY, 25 SEP 2014
... building products in more than a decade. Foodmaker Goodman Fielder was up 0.5 cents at 62.5 cents after the competition watchdog cleared the way for an Asian consortium to buy the company. On Wall Street overnight, stocks rose in the wake of a strong ...

Ratings downgrade to trigger hybrid sell-off

MARK SMITH  |  THURSDAY, 25 SEP 2014
... total of $20 billion the equity hybrids, including the recent $2.6bn CBA hybrid PERLS VII. The UK's financial services watchdog, the FCA recently banned the issue of CoCos to retail investors while the EU equivalent, the EMA, has flagged it is likely ...

Wake-up call for watchdog after inquiry

LAURA MILLAN  |  TUESDAY, 22 APR 2014
The Economics Committee conducting the inquiry into the performance of the Australian Securities and Investments Commission (ASIC) will present the Senate with "a widespread report that will include the industries' black holes and dark corners." The ...