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Showing 11 - 20 of 125 results for "Joe Longo"

FSC questions SMC's claim on younger members' super switches

RIDDHIMA TALWANI  |  MONDAY, 23 MAR 2026
... benefits that financial advice offers Australian consumers, and is not supported by evidence." Late last year, ASIC chair Joe Longo had said introducing "frictions" into the super switching process could help avoid a repeat of the First Guardian and ...

ASIC has 'strong appetite' to hold boards to account

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026
Following the landmark Federal Court decision in the case ASIC brought against Star Entertainment, ASIC chair Joe Longo said the regulator will not shy away from holding company directors to account. The Federal Court found two former senior executives ...

What Australia must do to be at the forefront of financial innovation

MATTHEW WAI  |  FRIDAY, 6 MAR 2026
ASIC chair Joe Longo highlighted two key development areas for Australia to align with prominent players across the Asia Pacific region, saying the regulator wants to be a backer, not blocker, of financial innovation. Speaking at the Asia Securities ...

Governance issues on the rise: ASIC

ELIZA BAVIN  |  WEDNESDAY, 25 FEB 2026
... misconduct and is protecting Australians and safeguarding trust and confidence in Australia's financial system," ASIC chair Joe Longo said. "Today, ASIC is one of the most active law enforcement agencies in the country. We are taking more cases to court ...

ASIC welcomes new chair

KARREN VERGARA  |  TUESDAY, 3 FEB 2026
The Treasurer has appointed a new chair to replace Joe Longo who will serve a period of five years starting on June 1. Sarah Court has been promoted to the top role after serving as deputy chair. Treasurer Jim Chlamer said the Albanese Government will ...

BPS Financial fined $14m over Qoin Wallet

ANGELIQUE MINAS  |  WEDNESDAY, 28 JAN 2026
... penalties, including $2 million for unlicensed conduct and $12 million for misleading and deceptive conduct. ASIC chair Joe Longo described the outcome as a test case for the crypto industry, and a warning to companies offering digital assets. "The size ...

Rodney Forrest handed prison sentence for $3m insider trading

ELIZA BAVIN  |  TUESDAY, 27 JAN 2026
... to the offences and agreed to forfeit the total realised profit from his insider trading of $309,571.84. ASIC chair Joe Longo said the prosecution of insider trading was an enduring priority for the financial regulator. "Mr Forrest's actions were ...

Pump and dump conspirators sentenced

MATTHEW WAI  |  TUESDAY, 23 DEC 2025
... offending, the criminality is essentially in the agreement to participate in criminal activity. Commenting, ASIC chair Joe Longo reiterated the detrimental effects of pump and dump schemes. "This group used social media to rig the market, artificially ...

Macquarie Securities to pay $35m for misleading data reporting

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
... data for more than 633,000 orders submitted to the market operator between November 2022 and March 2023. ASIC chair Joe Longo said regulators and the market rely on short sale and regulatory reporting data, especially during periods of volatility, to ...

ASX to undergo 'circuit breaker' reforms

ELIZA BAVIN  |  MONDAY, 15 DEC 2025
... is significant and cannot be achieved through current tactical, incremental measures or business as usual. ASIC chair Joe Longo said urgent action was needed to set ASX on the right path. "ASX needs to embrace a new era of accountability, investment ...