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Showing 2621 - 2630 of 6696 results for "Securities"

US fight over adviser fiduciary rules nears end

ALEX DUNNIN  |  THURSDAY, 17 APR 2014
... resolution is that it has retreated back to just improved disclosure rules. The Wall Street Journal has reported that the US Securities Exchange Commission (SEC) is soon to announce its final position on the long run argument over what the new fiduciary ...

ASIC permanently bans 'tombstoning' adviser

LAURA MILLAN  |  WEDNESDAY, 16 APR 2014
The Australian Securities and Investments Commission (ASIC) has permanently banned financial adviser Pavan Vyas engaging in credit activities after he was convicted for dishonest conduct. Vyas was found guilty of 'tombstoning', a practice that involves ...

Market wrap

AAP  |  WEDNESDAY, 16 APR 2014
... Most investors are hanging out for China's gross domestic product (GDP) numbers, due out later on Wednesday, Invast Securities chief market analyst Peter Esho said. "The market is mildly higher but for most of the session it'll be pretty flat until we ...

Flash Boys is 'complete nonsense': CMCRC

MARK SMITH  |  WEDNESDAY, 16 APR 2014
... studies on HFT, said that there was no evidence presented in the coverage stimulated by the release of the book that securities markets are rigged. "Lewis says that just because computers work faster than humans, no-one is in a position to work out just ...

AMP fund downgraded following key staff departure

LAURA MILLAN  |  TUESDAY, 15 APR 2014
AMP Capital Property Securities Fund in London has been downgraded by SQM Research, following the departure of AMP's deputy head of global listed real estate Tom Walker. SQM Research downgraded the AMP fund from a rating of 4.25 stars to 4.0 stars. ...

Wilson HTM confirms managing director appointment

LAURA MILLAN  |  MONDAY, 14 APR 2014
... November 2013. Grant will retain his role as director of Pinnacle Investment Management. The group informed the Australian Securities Exchange (ASX) that Grant's base salary will be $400,000 per annum and that he is entitled to receive a bonus based ...

ASIC admits wrongdoing in Senate hearing

LAURA MILLAN  |  FRIDAY, 11 APR 2014
The Australian Securities and Investments Commission (ASIC)'s top officials admitted that the regulator could have done more to prevent poor advice and malpractices in a tense five-hour Senate hearing. The hearing focused on ASIC's performance in dealing ...

Synchron recruits admin staff to cope with adviser demand

LAURA MILLAN  |  FRIDAY, 11 APR 2014
... FoFA amendments now allow advisers to keep grandfathered commissions. Synchron lifted the hold after the Australian Securities and Investments Commission (ASIC) adopted a 'no-action' position regarding this provisions. "Both sides of politics have now ...

ASIC approves Managed Accounts IPO

JAMES FERNYHOUGH  |  FRIDAY, 11 APR 2014
... managedaccounts.com.au, is on track to become listed on the ASX after it successfully lodged its prospectus with the Australian Securities and Investments Commission (ASIC) for an initial public offering (IPO). The company expects the IPO to raise between ...

Investec to sell local professional banking arm

MARK SMITH  |  FRIDAY, 11 APR 2014
... distinctive approach." BOQ managing director and chief executive Stuart Grimshaw said in an announcement to the Australian Securities Exchange (ASX) that the acquisition is a strong fit with BOQ's four strategic pillars and will bring diversification ...