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Showing 181 - 190 of 251 results for "Financial Services Law"

ASIC bans deceptive adviser

KERRIE SYDEE  |  TUESDAY, 8 NOV 2016
ASIC has permanently banned a Queensland financial adviser from providing financial services after he failed to comply with financial services laws. George Karakatsanis of Yeronga was banned after ASIC found he engaged in misleading and deceptive conduct ...

ASIC bans Brisbane life adviser

KERRIE SYDEE  |  FRIDAY, 4 NOV 2016
ASIC has banned a Brisbane based life insurance financial adviser from providing financial services for five years after an investigation found he had failed to comply with several financial services laws. Former authorised representative of Affinia ...

Equititrust CEO remains permanently banned

KERRIE SYDEE  |  THURSDAY, 20 OCT 2016
... Equititrust Premium Fund (EPF). An ASIC delegate found that while director of Equititrust, McIvor broke financial services law and was not of good fame or character to provide financial services. His conduct involved breaches of financial services legislation ...

ASIC bans Deutsche Bank trader

KERRIE SYDEE  |  THURSDAY, 29 SEP 2016
... the market and as a result no external parties were affected. An ASIC delegate found that Donaldson broke financial services law by engaging in misleading and deceptive conduct in relation to a financial product, that his conduct was extremely serious ...

ASIC accepts EU from Perth advice firm

ALEX BURKE  |  TUESDAY, 13 SEP 2016
... and said Neo didn't take "reasonable steps" to ensure its 160 authorised representatives complied with financial services law. "As this matter shows, inadequate risk management and compliance frameworks, combined with deficient application of a licensees' ...

Ostrava wound up, directors banned

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
The federal court in Melbourne has made orders winding up Ostrava Equities and eight other companies associated with the Ostrava financial services business. The court also banned Bradley Grimm and Vanessa Ash, who is lawyer formally employed by ASIC ...

ASIC accepts EU from My Adviser

KERRIE SYDEE  |  WEDNESDAY, 24 AUG 2016
ASIC has accepted the enforceable undertaking (EU) of My Adviser after an investigation found one of its representatives had provided poor and unauthorised advice on a number of instances. The investigation, which commenced in January 2016, looked at ...

Unlicensed product adviser receives four year ban

KERRIE SYDEE  |  THURSDAY, 28 JUL 2016
... ignore legal advice and warnings about Park Trent's practices, demonstrating he is likely to contravene financial services law. ASIC deputy chairman Peter Kell said: "ASIC's action against Mr Cross shows that we will not hesitate to exclude property ...

ASIC hands down multiple bans

KERRIE SYDEE  |  WEDNESDAY, 27 JUL 2016
... an announcement on the ASX on September 2014. Following a hearing, ASIC found Batros had contravened a financial services law. ASIC deputy chair Peter Kell said: "Financial planners are required to meet stringent compliance standards to protect the interests ...

ASIC accepts EU of former adviser

KERRIE SYDEE  |  WEDNESDAY, 18 MAY 2016
ASIC has accepted an enforceable undertaking (EU) of former Victorian financial adviser and authorised representative of the Synchron dealer group, Michael Melamed. The EU follows concerns from ASIC that Melamed's advice about life insurance, during ...