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Showing 291 - 300 of 902 results for "Banned"

Sam Henderson pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
... Commerce. Henderson was the subject of a case study on bad financial advice at the Royal Commission and was subsequently banned from providing financial services for a period of three years. During the Royal Commission, audio was played of one of Henderson's ...

Brisbane broker permanently banned

ALLY SELBY  |  TUESDAY, 11 AUG 2020
ASIC has permanently banned a Brisbane-based broker from engaging in credit activities, after the corporate watchdog found he had falsified a letter of approval for a home loan. Jeffry Leonard Gordon has been barred from the industry and his Australian ...

Adviser jailed over $2m Ponzi scheme

JAMIE WILLIAMSON  |  TUESDAY, 4 AUG 2020
... after serving four years. Miller was the director of CFS Private Wealth, which was wound up in January 2019 when Miller was banned from the financial services industry for 25 years. He was also disqualified from managing corporations for three years ...

Hobart adviser cops ban

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
ASIC has banned a Hobart-based financial adviser from providing financial services for five years after he encouraged clients to inappropriately double gear their investments. Meritum Financial Group authorised representative David Horton has been banned ...

ASIC appeal upheld

ALLY SELBY  |  MONDAY, 20 JUL 2020
... Administrative Appeals Tribunal to not ban a Western Australian-based financial adviser. Robert Hutchison was permanently banned from providing financial services in June 2017, however, the AAT set aside this decision in September 2018. ASIC subsequently ...

WAM makes replacement bid for Keybridge

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
... WAM breached the Corporations Act and that the transfer of the shares is void. The filing requested that WAM Active be banned from disposing of or transferring any of the processed shares and that neither WAM nor any of its associates be allowed to acquire ...

AFCA sees 14% rise in complaints

ELIZA BAVIN  |  THURSDAY, 2 JUL 2020
... against credit providers and 4732 against super funds, trustees or financial advisers. Meanwhile, AFCA also announced it has banned paid representative MCR Partners from lodging complaints on behalf of customers and small businesses. This is the first ...

Foreign exchange broker banned

ALLY SELBY  |  TUESDAY, 30 JUN 2020
ASIC has banned a former foreign exchange broker from the industry for three years, after it was found he was not fit to provide financial services and had not complied with related laws. Steven Marsh, a former employee of Forex Capital Trading, engaged ...

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
... and slammed Ida and Senese for their involvement in the scheme. As part of her ruling, One Tech Media will be permanently banned from carrying on a financial services business, and will be forced to pay up a $1.8 million penalty. Allianz Metro will also ...

ASIC lays out product intervention plans

HARRISON WORLEY  |  THURSDAY, 18 JUN 2020
... end to specific remuneration arrangements which are linked to product distribution. Products and their features may be banned unless they meet specific criteria, or the regulator may choose to wipe them entirely, under its new powers. However, ASIC is ...