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Showing 171 - 180 of 1873 results for "broker"

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
... Zhao," the SEC said. Other violations accused include Binance and BAM Trading operating unregistered securities exchanges, broker-dealers and clearing agencies, as well as the unregistered offering and selling of Binance's own stablecoin. In support ...

Geoff Lloyd to chair Stake

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... total inflows through portfolio transfers. According to an Investment Trends report, Stake is also the largest Australian broker for US shares. Lloyd is currently also chair of DASH Technology Group and not-for-profit The Fathering Project.

ASIC issues first-of-its-kind stop order

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
... steps provision, with the order relating to its distribution of contracts for difference (CFD). The stop order prevents the broker from opening trading accounts or dealing in CFDs or margin foreign exchange contracts (margin FX) to retail investors. ...

Macquarie terminates alternatives fund

CASSANDRA BALDINI  |  WEDNESDAY, 24 MAY 2023
... request form. "If you invested through mFund, you may fully redeem at any time up to Friday 23 June 2023 by instructing your broker to do so on your behalf," it said. A secondary option for investors is to receive shares of the net proceeds from the ...

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
... example of how advisers can work with finfluencers in a referral capacity in the same way as an accountant or mortgage broker. "A finfluencer is a great centre of influence because they have put in effort and spent hours building up trust with their ...

Adviser PI premiums up 40%: APRA

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
The cost of professional indemnity insurance increased at least 40% for financial advisers since 2015, a new report from APRA shows. Reviewing claims trends and affordability of public liability and professional indemnity insurance in Australia, the ...

Superhero launches in New Zealand

CASSANDRA BALDINI  |  TUESDAY, 9 MAY 2023
... excited to do the same in New Zealand." The announcement follows the failure of Superhero's merger with digital asset broker Swyftx which looked to establish a $1.5 billion financial services giant. In December, Superhero announced that due to disruption ...

Ord Minnett cops $888k fine over buyback

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2023
ASIC's Market Disciplinary Panel handed Ord Minnett an $888,000 infringement notice over two contraventions of market integrity rules which occurred when conducting a buyback. According to ASIC, on 1 September 2021 the firm was instructed to commence ...

SQM reveals top, worst rated ASX200 equities

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2023
... services while keeping our conflicts to a bare minimum. We will never run a funds management business. We will never be a broker, nor a real estate agent. We will always put investors first and support the financial planning profession in that mandat ...

Hostplus cuts Choiceplus fees

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
The super fund is reducing fees on its direct investment option for members, effective this month. The Choiceplus option enables members to invest in the shares in the S&P/ASX 300, a range of ETFs and listed investment companies (LICs) and term deposits. ...