Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 211 - 220 of 335 results for "Cancelled"

ASIC permanently bans Queensland adviser

KARREN VERGARA  |  THURSDAY, 23 MAR 2017
... Logan has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision. Separately, ASIC cancelled fund manager Aquaint Capital Limited's Australian Financial Services Licence on 28 February. The company was placed into ...

Credit Suisse fined for systems mishap

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
... to purchase options that referenced an incorrect limit price 96% below the extreme trade price range. The orders were cancelled soon after entry. The orders were allowed to go through to the market because Credit Suisse did not have filters in place ...

ASIC bans Melbourne insurance broker

EMMA RAPAPORT  |  FRIDAY, 24 FEB 2017
... dishonest conduct by misappropriating money from the PDIB trust account, and using this to enable PDIB to continue trading; Cancelled client insurance policies without authorisation; and Failed to comply with the requirement that a person who is licenced ...

FPA expels cheating member

EMMA RAPAPORT  |  THURSDAY, 19 JAN 2017
... Sriranjan's explanations unconvincing and implausible." The Commission concluded Sriranjan had breached the Code and cancelled his membership, noting that expulsion was appropriate for the protection of the profession, "particularly its public standing ...

Sydney firm sees AFSL cancelled

EMMA RAPAPORT  |  WEDNESDAY, 18 JAN 2017
ASIC cancelled the Australian Financial Services Licence of Sydney based insurance company Core Insurance for failing to lodge financial statements and auditor reports for two years. Core Insurance, which trades as Ferme, has held its AFSL since October ...

ASIC imposes $40,000 penalty

EMMA RAPAPORT  |  TUESDAY, 17 JAN 2017
... months (for this client)", during which the client had submitted 139,132 trading messages. The trade in question was cancelled within minutes of submission. Compliance with the infringement notice is not an admission of guilt or liability by Pershing ...

Government shelves ASIC register sale

ALEX BURKE  |  WEDNESDAY, 21 DEC 2016
... Mathias Cormann said that following a thorough evaluation of various private sector bids for the register, the process was cancelled. The reason given was that "the final bids received did not deliver a net financial benefit for the Commonwealth." Cormann ...

ASIC bans Sydney adviser

JAMIE WILLIAMSON  |  FRIDAY, 16 DEC 2016
... action of such conduct to ensure that consumers have confidence in the financial system." Protect Ensure's AFSL was cancelled by ASIC in December 2014 for not having adequate financial resources to provide the services covered by the licence.

Stockbrokers Association opens doors to advisers

KERRIE SYDEE  |  TUESDAY, 29 NOV 2016
... Green said. "Where an allegation of misconduct is upheld, after providing a member with due process, membership will be cancelled. Our aspiration is to set the highest ethical standards and make sure they are upheld."

Markets fear Trump effect on global trade

MICHELLE BALTAZAR  |  THURSDAY, 10 NOV 2016
... since Herbert Hoover in the '20s, so it's actually quite alarming for the world, particularly if he put up tariffs and cancelled trade agreements," he said. While the Fed would be less likely to hike in December, the Australian dollar will likely still ...