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Showing 231 - 240 of 251 results for "Financial Services Law"

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 ...

Former AMP adviser gets permanent ban

ASIC RELEASE  |  MONDAY, 20 SEP 2010
ASIC has permanently banned former AMP adviser Vince Aloisi of Baulkham Hills, New South Wales, from providing financial services. ASIC's action against Aloisi follows its investigation into allegations of misconduct during his employment as an authorised ...

AvSuper takes legal action against big fund

RUTH LIEW  |  THURSDAY, 19 AUG 2010
Canberra-based super fund AvSuper Pty Ltd (AvSuper) has lodged legal proceedings against Commonwealth Managed Investments Limited (CMIL) and Colonial First State Property Limited (CFSPL) over the meaning of an agreement regarding the super fund's entitlements ...

Insurance rep banned from fin services

ASIC RELEASE  |  FRIDAY, 5 MAR 2010
Insurance representative Terrence Wayne McDonald has been banned from providing financial services for 10 years following an investigation by ASIC. McDonald, of Portland, Victoria, was banned after ASIC found that he had not complied with financial ...

ASIC slaps six year ban for MIS fraud

ASIC RELEASE  |  MONDAY, 24 AUG 2009
... totalling more than $15.2 million. ASIC found that between June 2003 and March 2007 West did not comply with financial services law as he operated a managed investment scheme that was required to be registered but was not. West carried on a financial ...

Broker gets permanent ban from ASIC

COMPANY RELEASE  |  THURSDAY, 25 JUN 2009
... documentation relating to the income protection insurance was found to be misleading and deceptive in breach of a financial services law. ASIC also found that Clough breached a financial services law by carrying on a financial services business while ...