Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2881 - 2890 of 6696 results for "Securities"

Market Wrap PM

AAP  |  TUESDAY, 10 SEP 2013
... index futures contract was 9.0 points higher at 5,154, with 7,711 contracts traded. * National turnover was 275 million securities worth $544.6 million. AAP gr/gfr

Could ASIC become the SMSF regulator?

JAMES FERNYHOUGH  |  TUESDAY, 10 SEP 2013
The recent scrutiny that self-managed super funds (SMSFs) have found themselves under from the Australian Securities and Investments Commission (ASIC) could be a taste of things to come, according to lawyer Claire Wivell Plater, managing director of ...

ASIC finds hedge funds pose no systemic risk

MARK SMITH  |  TUESDAY, 10 SEP 2013
... increased from 1.25 times assets in 2010 to 1.51 times assets in 2012. In 2010 and 2012, the International Organization of Securities Commissions (IOSCO) called on members to survey their jurisdictions' largest hedge fund managers to better understand ...

Cash Converters to raise $60m through bond issue

JAMES FERNYHOUGH  |  MONDAY, 9 SEP 2013
... pawnbroker Cash Converters is the latest company to issue an unrated corporate bond through fixed income broker FIIG Securities. Cash Converters hopes to raise between $50 and $60 million through the unsecured bond issue. The bonds will be open only ...

Trust board recommends revised Perpetual proposal

LAURA MILLAN  |  MONDAY, 9 SEP 2013
... proposal from Perpetual in the absence of a superior proposal," The Trust Company said in a statement to the Australian Securities Exchange (ASX). Perpetual previously offered 0.1495 Perpetual shares for each share held in The Trust Company, equivalent ...

Property group director jailed for four years

LAURA MILLAN  |  MONDAY, 9 SEP 2013
... accountant, was found guilty of making a false or misleading statement or omission in a prospectus lodged with the Australian Securities and Investments Commission (ASIC). He was also found not guilty of four charges relating to acting as an officer ...

Former Opes Prime director acquitted of dishonesty charges

ALICE URIBE  |  MONDAY, 9 SEP 2013
... was heard before Justice Whelan of the Victorian Supreme Court, found Smith not guilty on both charges. Opes Prime, a securities lender and broker, which had more than 650 clients, collapsed in March 2008, owing creditors $631 million. Two other directors ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 9 SEP 2013
In the latest edition of Financial Standard we look at how hedge funds are reacting to the Australian Securities and Investments Commission's (ASIC's) proposed new portfolio holdings disclosure requirements We also take a closer look at reporting season ...

Hedge funds fear 'draconian' disclosure rules

JAMES FERNYHOUGH  |  MONDAY, 9 SEP 2013
... Stronger Super reporting standards. However, the portfolio holdings requirements will be regulated by the Australian Securities and Investments Commission (ASIC). ASIC is provisionally demanding a much deeper 'look-through' than APRA, and unlike APRA ...

Advisers to justify platform choice under best interest

LAURA MILLAN  |  FRIDAY, 6 SEP 2013
... choice under the best interest duty provision within the Future of Financial Advice (FoFA) regulation. The Australian Securities and Investments Commission (ASIC) has raised the issue that platform operators with aligned dealer groups often have conflicts ...