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Showing 261 - 270 of 3700 results for "Order"

Praemium unveils Spectrum for HNWs

MATTHEW WAI  |  TUESDAY, 1 OCT 2024
... adviser portal, including enhanced trading capabilities through the new Asset Preference List (APL). Integration of broker order pads and bank data feeds. Upgraded applications portal with automatic form generation. Digital account management, allowing ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
ASIC imposed a record $5 million fine on Macquarie Bank for its failure to curb suspicious order transactions on electricity futures. ASIC's Markets Disciplinary Panel (MDP) found Macquarie breached market integrity rules on 50 occasions between January ...

Court rejects Linchpin director appeal

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
The Federal Court rejected former Linchpin Capital director Peter Daly's appeal, which will retain his banning order and force him to pay a fine. Justice Jackman yesterday upheld the judgment delivered in January, which imposed a $150,000 penalty ...

Court freezes assets of company director

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
The Federal Court has made orders to freeze the assets of company director David McWilliams and numerous companies associated with him that offered investment opportunities in purpose-built, NDIS-compatible property development schemes. McWilliams and ...

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... Odd lots were valued using a third-party pricing service that was specifically intended for institutional lots only. "The order finds that MIMBT had no reasonable basis to believe it could sell the odd lot CMOs at the pricing vendor's valuations, and ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
ASIC's case against Rest, in which it alleged the super fund misled members about their ability to transfer superannuation out of the fund, has been thrown out by the Federal Court. The case focused on Rest's past practices around rollover requests ...

Director pleads guilty to 'dishonestly' obtaining near $1m

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
... counts of dishonestly obtaining a financial advantage by deception early last year, following an interim travel restraint order imposed by ASIC in the year prior. The matter has been listed for a sentence hearing on November 1. The maximum penalty for ...

Former director sentenced for misappropriating investor funds

JAMIE WILLIAMSON  |  MONDAY, 9 SEP 2024
The former director of Reiwa-Capital has been sentenced to home detention after he was found guilty of misappropriating $440,000 of investors' funds, including gambling some of it. Russell Sandiford was sentenced to two years and eight months imprisonment ...

Federal Court approves AMP BOLR class action settlement

KARREN VERGARA  |  MONDAY, 9 SEP 2024
The Federal Court has approved the $100 million Buyer of Last Resort (BOLR) class action settlement despite some participants objecting to it, calling for a larger payout and making AMP accountable for its actions. Justice McElwaine approved the settlement ...

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
The Federal Court has appointed new receivers and administrators to Keystone Asset Management, as ASIC attempts to identify where more than $100 million of investors' money has gone. The Federal Court appointed Jason Tracy and Lucica Palaghia of ...