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

Search Results

Showing 211 - 220 of 338 results for "Watchdog"

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 ...

Market Wrap

AAP  |  TUESDAY, 10 APR 2012
... In companies news, pay TV operator FOXTEL is free to take over regional rival Austar after receiving the competition watchdog's approval. Austar shares were one of the few bright sparks, gaining 3.75 per cent to $1.51. Meanwhile, the big four banks were ...

ASIC strikes against currency trader

MELANIE TIMBRELL  |  TUESDAY, 3 APR 2012
... said to have raised millions last year, which cannot be accounted for. In other news from ASIC yesterday, the corporate watchdog accepted an enforceable undertaking from Adelaide adviser Barry David Hassell to permanently cease providing financial services. ...

Market Wrap

AAP  |  WEDNESDAY, 28 MAR 2012
... business was taking longer than expected. Packaging firm Amcor was seven cents richer at $7.25 after the competition watchdog approved Amcor's $238 million acquisition of Aperio Group. In the resources sector, global miner BHP Billiton was down 10 cents ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 FEB 2012
... won ($A2.53 billion) contract to build an offshore gas processing facility in Australia. BRUSSELS - The EU's antitrust watchdog has approved Google's $US12.5 billion ($A11.7 billion) takeover of mobile phone maker Motorola. NEW YORK - Apple says an independent ...

Planner banned as watchdog continues industry clean-up

CLAIRE MCGREAL  |  TUESDAY, 11 OCT 2011
... not authorised. ASIC said it was alerted to Hing's conduct by Novus Capital Limited and that the banning reinforced the watchdog's focus on maintaining public confidence in the financial services industry. Hing has the right to apply to the Administrative ...