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Showing 191 - 200 of 333 results for "Watchdog"

ASIC eyes off researchers

BEN COLLINS  |  TUESDAY, 11 DEC 2012
Australia's corporate watchdog will conduct targeted surveillance of research report providers after it unveiled updated policy to improve the reliability of their products yesterday. The Australian Securities and Investments Commission (ASIC) said ...

Insider trading gets former J.P. Morgan staffer jail

BEN COLLINS  |  THURSDAY, 6 DEC 2012
... with J.P. Morgan Chase Bank and Levi pleaded guilty to insider trading charges after being caught out by the corporate watchdog. The charges related to inside information concerning the acquisition of Valad Property Group Limited by affiliates of the ...

Audit report "disappointing"

BEN COLLINS  |  WEDNESDAY, 5 DEC 2012
ASIC boss Greg Medcraft has said that the results of the corporate watchdog's latest audit inspection show a drop in quality and are disappointing. The report for the 18 months to 30 June 2012 covered inspections of 20 Australian audit firms and found ...

ASIC seeks adviser feedback on FOFA code of conduct

LINDA HAUSKEN  |  THURSDAY, 1 NOV 2012
... what this means is a code that only contains the requirements that obviate the needs of opt in. Thirdly, the corporate watchdog is seeking feedback on entity specific codes. Kell said it needs clarifications around whether a code could be linked to a ...

ASIC champion hybrid name change

LINDA HAUSKEN  |  FRIDAY, 12 OCT 2012
... advertised in an inappropriate fashion, we have the power to act and we won't hesitate to do so when needed." The corporate watchdog's warnings follow more than $11 billion worth of hybrids issued since the start of the year by big banks and household ...

Six year ban for mortgage broker

LINDA HAUSKEN  |  THURSDAY, 11 OCT 2012
... information that was false and misleading about the income and employment of the borrowers. "In one instance, the corporate watchdog found that Halvorsen had replaced a loan application that had been filled out by the borrowers with another loan application," ...

Hybrid securities back in favour

LINDA HAUSKEN  |  MONDAY, 8 OCT 2012
... there is a growing appetite in the market for the high rate of return this product can offer investors. The corporate watchdog's warnings follows more than $11 billion worth of hybrids issued since the start of the year by big banks and household name ...

Suncorp and Bendigo jump on hybrid demand

LINDA HAUSKEN  |  THURSDAY, 27 SEP 2012
... they are a cross breed of debt and equity and can often be traded on a secondary market such as the ASX. The corporate watchdog has twice issued warnings of the associated risks as inexperienced investors often get dazzled by high yields and trusted ...

Mortgage broker first offender under new law

LINDA HAUSKEN  |  WEDNESDAY, 26 SEP 2012
... Nguyen faces a maximum penalty of two years imprisonment, a fine of up to $11,000 or both, for each charge. The corporate watchdog said he was committed to the District Court for sentence on 5 October 2012, with unconditional bail. The Commonwealth Director ...

Adviser faces court on 22 charges

LINDA HAUSKEN  |  THURSDAY, 13 SEP 2012
... totalling $500,000 from seven client accounts without their knowledge or authority. These charges follow the corporate watchdog's investigation into Veitch's former role as a financial adviser. Veitch was an authorised representative of WealthSure from ...