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Showing 291 - 300 of 472 results for "ASIC Commissioner"

Company director jailed after mishandling funds

KERRIE SYDEE  |  MONDAY, 14 NOV 2016
... eligible for parole after serving two years imprisonment, taking into account time already served in custody. ASIC commissioner said: "Hansen's actions betrayed the trust of his investors and caused them significant hardship. Today's decision shows that ...

ASIC permanently bans dishonest adviser

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
... unauthorised use of $1.8 million from clients led to ASIC finding that he was not of good fame and character. ASIC commissioner John Price said: "ASIC will take action to remove persons from the financial services industry to protect the public. Mr Howard's ...

Self-auditing SMSF auditor caught in ASIC breach

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2016
... Applicant (Mr Samuel) is not a fit and proper person to be an approved SMSF auditor for the purposes of the Act." ASIC commissioner John Price said the regulator will continue to take action where the behavior of SMSF auditors is inadequate. "SMSF auditors ...

Fed Court winds up unregistered investment scheme

KERRIE SYDEE  |  FRIDAY, 21 OCT 2016
... Robert Woods of Deloitte have been appointed as joint liquidators of the unregistered managed investment schemes. ASIC commissioner Greg Tanzer said: "The high banning periods ordered by the court in this case are necessary to protect the public from ...

Equititrust CEO remains permanently banned

KERRIE SYDEE  |  THURSDAY, 20 OCT 2016
... withdrew his application for a review of ASIC's decision to permanently ban him from providing financial services. ASIC commissioner John Price said McIvor's conduct was at the most serious end of the offending range and that it was appropriate he be ...

ASIC bans Deutsche Bank trader

KERRIE SYDEE  |  THURSDAY, 29 SEP 2016
... and has notified ASIC of the measures it believes will better monitor and detect poor conduct in the future. ASIC commissioner Cathie Armour said: "The integrity of our financial markets is vitally important and ASIC will take action to remove anyone ...

ASIC drops proceedings against two former directors

KERRIE SYDEE  |  THURSDAY, 22 SEP 2016
... failure to understand properly those deficiencies; and the clear need to uphold the integrity of the SMSF system." ASIC Commissioner John Price said: "To safeguard the SMSF sector, ASIC will continue to use its power to disqualify approved SMSF auditors ...

ASIC hands down permanent and four year bans

KERRIE SYDEE  |  FRIDAY, 16 SEP 2016
... Hill should be permanently banned as a result of his convictions involving dishonest and fraudulent conduct. ASIC commissioner Peter Kell said Hill's misconduct was very serious: "ASIC will ban people from the finance industry who act dishonestly and ...

ASIC hands down more permanent bans

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2016
... financial services or credit laws will result in action by ASIC to remove them from these industries," said ASIC commissioner Peter Kell.

Cyber security not just an IT problem: ASIC

KERRIE SYDEE  |  WEDNESDAY, 14 SEP 2016
... members must be aware of their responsibility and duty to understand company cyber resilience, according to ASIC commissioner Cathie Armour. Speaking as part of a panel at the SINET61 Summit held in Sydney, Armour said it isn't surprising that board ...