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Showing 231 - 240 of 256 results for "Financial Services Law"

Planner banned as watchdog continues industry clean-up

CLAIRE MCGREAL  |  TUESDAY, 11 OCT 2011
ASIC is continuing its clean up of the financial services sector with the banning of another Sydney based planner. Stephen Paul Hing of Enmore has been barred from providing financial services for four years after an investigation revealed he took part ...

Banned adviser faces jail term

ELISE BURGESS  |  TUESDAY, 27 SEP 2011
Banned South Australian financial adviser, Trevor Wayne Carll, is facing 28 charges from ASIC, including deception, with a possible jail time of ten years for each offence. Carll, of Port Pirie, South Australia, was banned from the industry in February ...

FOFA: Opt-in obligations, ASIC

ELISE BURGESS  |  MONDAY, 29 AUG 2011
... comply as it stands now. ASIC will also be able to ban a person of poor character, likely to contravene a financial services law or acts in a contravention of obligations by another person. Finally, advisers found in breach of new best interest obligation ...

Plum adds super lawyer to board

ELISE BURGESS  |  MONDAY, 20 JUN 2011
Former chair of the Law Council of Australia Superannuation Committee, Peggy Haines, has joined the Plum Superannuation Fund and the Plum Pooled Superannuation Trust as a board trustee. Haines, a senior superannuation and financial services lawyer ...

Fraud adviser banned for life

ALISON BEVEGE  |  MONDAY, 23 MAY 2011
Financial adviser Robert Owen Bean has been banned for life for stealing more than $3 million from his clients over seven years, some of which he used for his own personal benefit, ASIC said today. Bean had been a securities representative and authorised ...

Bans hit bad planners: ASIC

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
Three financial advisers and a financial services firm are facing work bans and prosecution after separate ASIC investigations. A former financial adviser who fraudulently withdrew $600,000 from his clients' accounts has pleaded guilty in court to six ...

Adviser banned for life by ASIC

ASIC RELEASE  |  WEDNESDAY, 20 APR 2011
... the Australian Securities and Investments Commission (ASIC). ASIC alleges Veitch failed to comply with financial services law between 23 October 2008 and 5 February 2010 by engaging in dishonest conduct by transferring some $500,000 of client funds for ...

ASIC bans former Storm adviser

ELISE BURGESS  |  FRIDAY, 25 FEB 2011
Former Storm Financial adviser, Stuart Craig Drummond, has been banned from providing financial services for four years following an investigation by the Australian Securities and Investments Commission (ASIC). Drummond was found guilty of making false ...

Adviser banned for life

ALISON BEVEGE  |  TUESDAY, 22 FEB 2011
A financial adviser has been banned for life after using a retired faming couple's savings to fund a margin loan, ASIC said yesterday. Trevor Wayne Carll of Port Pirie, South Australia, worked for local planning business Bruce McDonald Investment Services ...

ASIC bans adviser for misleading conduct

ELISE BURGESS  |  WEDNESDAY, 8 DEC 2010
... ASIC release. Tran is not able to provide financial services after ASIC found her actions went against financial services law including communicating false information to a client and unauthorised discretionary trading. Tran was also found to revive ...