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Showing 201 - 210 of 333 results for "Watchdog"

Adelaide adviser facing sentence

LINDA HAUSKEN  |  MONDAY, 10 SEP 2012
... dishonest conduct including accusations of misappropriating over $3.1 million of client funds. In May 2011, the corporate watchdog permanently banned Bean from providing financial services in order to protect the public, deter similar conduct and maintain ...

Harsh ASIC ban on Seagrim slashed

BEN COLLINS  |  FRIDAY, 7 SEP 2012
... Anne-Marie Seagrim appealed to the independent appeals panel, which reduced the three year ban imposed by the corporate watchdog down to just six months, from 27 June 2011 to December 2011. It was found that their breach of the Corporations Act did not ...

Market Wrap

AAP  |  THURSDAY, 2 AUG 2012
... cents lower at $56.93. Pay TV company Consolidated Media Holdings (ConsMedia) shares started higher after the competition watchdog cleared the way for Rupert Murdoch's News Corporation to buy it. ConsMedia was one cent up at $3.44.

Regulators on post-Trio watch

BEN COLLINS  |  THURSDAY, 2 AUG 2012
Australia's corporate watchdog said it has learnt some lessons in the wake of the Trio fraud, and plans to be more proactive. While admitting that the Australian Securities & Investments Commission (ASIC) could never guarantee that a similar scenario ...

ASIC boosts Stronger Super education program

LINDA HAUSKEN  |  FRIDAY, 27 JUL 2012
... dedicated a new super webpage that will provide information about the reforms and detail new requirements. The corporate watchdog is also proposing to release regulatory guidance on Strong Super at the end of this year. ASIC said it will consult directly ...

ASIC bans Sydney adviser

LINDA HAUSKEN  |  WEDNESDAY, 18 JUL 2012
... documentation in relation to the arrangement, and did not know how returns would be generated," the regulator said. The corporate watchdog found that Oberg had acted dishonestly when taking funds from his clients' accounts, and concluded that he was ...

ASIC closes in on SMSF advice firms

LINDA HAUSKEN  |  FRIDAY, 13 JUL 2012
... superannuation advice companies, following concerns that the firms have misled investors about their investments. The corporate watchdog has obtained interim court orders against Royale Capital and ActiveSuper. So far in the investigation, Australian ...

ASIC uncovers investment scam

LINDA HAUSKEN  |  FRIDAY, 6 JUL 2012
... Fletcher and Katherine Barnet of Bentleys Corporate Recovery have been appointed liquidators of the companies. The corporate watchdog said it urges consumers to be alert to investment fraud, having seen an increase in cold-calling activity across Aus ...

National exam to raise quality of advice

LINDA HAUSKEN  |  FRIDAY, 29 JUN 2012
... consultative approach to improving the quality of advice provided to retail investors is a priority," he added. The corporate watchdog believes a self-regulatory model, when implemented effectively, can be an efficient approach to establishing the exam. ...

Market Wrap

AAP  |  THURSDAY, 24 MAY 2012
... higher at $32.28 while Rio Tinto shares were 44 cents, or 0.78 per cent, higher at $56.72. In local news, the competition watchdog has given the go ahead for AGL Energy to buy the Loy Yang power plant in Victoria. AGL shares were flat at $14.03. Financial ...