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Showing 11 - 20 of 86 results for "Target market determination"

ASIC returns $40m of CFD losses

ELIZA BAVIN  |  TUESDAY, 20 JAN 2026
ASIC has secured the return of nearly $40 million to more than 38,000 retail investors as it continues to drive substantial compliance improvement across Australia's contracts for difference (CFD) sector following a whole of industry review. CFDs ...

Clime shutters two funds, offloads retail book

KARREN VERGARA  |  TUESDAY, 25 NOV 2025
... of a preliminary ASIC investigation. This involves looking into the fund's compliance with the target market determination (TMD) and product disclosure statement, and whether it has breached the law in relation to its investments. Abernethy said ...

ASIC confirms investigation into a Clime fund

KARREN VERGARA  |  FRIDAY, 31 OCT 2025
... stating that it has commenced an investigation into the fund with respect to its compliance with the target market determination (TMD) and product disclosure statement, and whether it has breached the law in relation to its investments. "Clime Asset ...

ASIC issues interim stop orders to TruePillars

RIDDHIMA TALWANI  |  TUESDAY, 21 OCT 2025
ASIC has told private credit manager TruePillars to halt distribution of its product disclosure statements (PDSs) for two offerings. The interim orders prevent the fund from offering, issuing, selling or transferring interests in the Pooled Unit and ...

La Trobe appoints new liquidity chief

ANGELIQUE MINAS  |  THURSDAY, 9 OCT 2025
La Trobe Financial (La Trobe) has named Dan Baker as the new chief liquidity officer. Baker brings over two decades of experience in liquidity, treasury, and market risk to the role. He joins La Trobe following his most recent role as the treasurer ...

La Trobe has two of three stop orders lifted

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
ASIC has withdrawn restrictions on two of the three La Trobe Financial funds that were halted last week. The two funds now reopen to investment are the 12 Month and 2 Year Accounts of the La Trobe Australian Credit Fund. In addition, La Trobe Direct ...

ASIC issues interim stop orders to RELI Capital

RIDDHIMA TALWANI  |  FRIDAY, 19 SEP 2025
... suitable for their financial objectives. Its action follows concern that the target market in the target market determination (TMD) for the fund includes investors who intend to hold the fund as a core component, seeking capital preservation with no ...

ASIC issues interim stop orders to La Trobe Financial

JAMIE WILLIAMSON  |  FRIDAY, 19 SEP 2025
La Trobe Financial has been told by ASIC to stop offering its 12 Month Term Account and 2 Year Account products offered under the La Trobe Australian Credit Fund, as well as its US Private Credit Fund. The regulator said it is concerned that the target ...

Equity Trustees rapped over the knuckles by ASIC

JAMIE WILLIAMSON  |  THURSDAY, 19 JUN 2025
... managed by Artesian Capital Management. According to ASIC, the fund's product disclosure statement, target market determination and website all stated that the fund invested in green, sustainable and social corporate bonds issued by companies. The PDS ...

ASIC sues Australian Unity for TMD failure

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
ASIC is suing Australian Unity Funds Management for allegedly failing to ensure retail investors fit the suitable target market for its investment product, the Select Income Fund. ASIC is looking at the period between 5 October 2021 and 5 October 2023 ...