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Showing 281 - 290 of 6070 results for "Commission"

Invesco Advisers pays $26m over false ESG claims

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
Invesco Advisers was charged by the Securities and Exchange Commission (SEC) after it was found to have misled investors as to what proportion of its total assets were invested according to ESG principles. Invesco Advisers was charged with willfully ...

ASIC chair defends Chairman's Lounge memberships

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2024
... Qantas, presuming those with a membership would recuse themselves. "Some things have come up... I don't think and the commission's view is that the membership is not a conflict of interest," Longo reinforced. Pocock responded: "Do you not think that ...

Perpetual halves investment in embattled Star

ELIZA BAVIN  |  TUESDAY, 5 NOV 2024
... requested to take a break from trading on the ASX after the release of the Bell Report by the NSW Independent Casino Commission. Star returned to the ASX around a month later and saw its share price plummet by close to 50%. The report found there were ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... will pay a combined $230 million (US$151m) to settle four separate enforcement actions by the Securities and Exchange Commission (SEC). In a fifth action, the SEC opted not to issue a fine. The SEC found that JPMS made misleading disclosures to brokerage ...

ASIC secures win against HCF Life

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
... Court said. ASIC also alleged that the term was an unfair contract term under the Australian Securities and Investments Commission Act 2001, however Justice Jackman dismissed that part of ASIC's case. ASIC said it will consider this decision. Despite ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and strengthen regional security. But is it all ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... impact on the group's ability to manage client capital." The charge forms part of the Korean Financial Services Commission (FSC) cracking down on short-selling practices following a market-wide review, with indictments being issued against global ...

ASIC makes key appointments to executive team

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
The Australian Securities and Investments Commission (ASIC) has made two appointments to its senior executive leadership team. Following an international search, ASIC chair Joe Longo announced the appointment of Peter Soros as executive director regulation ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... achieve for their retirement, 72% said they'd consider switching to a lower-fee fund. Analysis by the Productivity Commission has shown that a lower-cost superannuation fund could save a typical full-time worker around 12% of their super balance - or ...

Aussies struggle with financial goals: Generation Life

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... the unadvised also cite trust as a barrier to advice. "Trust in financial advice has come a long way since the Royal Commission," Nash said. "But ultimately, a lack of understanding about the industry, and how strategic and in-depth advice is, means ...