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Showing 231 - 240 of 4084 results for "Conduct"

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
... Securities, the broking arm of Macquarie Group, has been sued by ASIC for allegedly engaging in repeated and systemic misleading conduct in its short sale reporting to the market operator, supposedly misreporting millions of trades over 14 years. ASIC ...

Former financial adviser charged in alleged $160k super fraud case

ANDREW MCKEAN  |  FRIDAY, 9 MAY 2025
... Street's website, has since been removed. Editor's note: A previous version of this article incorrectly conflated the conduct of Wealth Street Pty Ltd with Wealth Street Property Pty Ltd. The matters referenced in this article wholly relate to ...

HCF Life fined $750k for misleading contract term

KARREN VERGARA  |  FRIDAY, 9 MAY 2025
... Insurance. In the verdict handed down yesterday, Justice Jackman said whilst HCF Life had no intention to engage in misleading conduct, "the contravening conduct should be regarded as objectively serious." He added that "insurers are now squarely on ...

Macquarie reprimanded again for derivatives compliance failures

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
... terminals shortly after it was reprimanded by the MDP last year. Over the last 18 months, ASIC found nine questionable market conduct matters. Seven matters relate to misreporting more than 375,000 OTC derivative transactions and two were futures dealing ...

New ACCC chief named

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025
The Australian Competition and Consumer Commission (ACCC) has appointed Sarah Proudfoot as chief executive. Despite also conducting an external search, Proudfoot started with the ACCC in 2005 when she joined the agency's Infocentre. She has since held ...

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... as collateral to fund the business. In the UK, Brite's advisory arm was wound up in July last year after the Financial Conduct Authority imposed trading restrictions. Its associated pension provider, PSG SIPP, was later placed into administration, with ...

Aware Super on hunt for new chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
Aware Super chief investment officer Damian Graham is transitioning to a new role, with the fund now conducting a global search for his replacement. Graham will relocate to the fund's London office to take on the role of head of international at ...

Finfluencer failed to disclose paid promotions, says regulator

JAMIE WILLIAMSON  |  WEDNESDAY, 30 APR 2025
Days after research from the Ontario regulator found those who make financial decisions based on finfluencers' recommendations are 12 times more likely to be scammed, a Canadian finfluencer was busted for failing to disclose sponsorship of content and ...

Family offices favour real estate: Study

KARREN VERGARA  |  MONDAY, 28 APR 2025
The world's richest families love to invest in real estate more than any other asset classes, a new analysis shows, as more than half feature property in their portfolios. The research conducted by familyofficehub, a provider of global family office ...

ASX launches review into shareholder approvals

ELIZA BAVIN  |  MONDAY, 28 APR 2025
The Australian Securities Exchange (ASX) has launched a review into listing rules related to shareholder approval requirements, particularly when it comes to mergers and acquisitions. The ASX said due to "heightened investor interest" around the James ...