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Showing 3181 - 3190 of 3921 results for "law"

Coalition's IR commitment locks in Award default funds

ALEX DUNNIN  |  TUESDAY, 20 JUL 2010
The Coalition's small target election strategy for industrial relations and their commitment to stick with the government's Fair Work Act means there will be no change to how default super funds are nominated in Awards. This follows Opposition Leader ...

AFAC and APESB launch fresh debate on fiduciary duty

MICHELLE BALTAZAR, MEDIA RELEASES  |  MONDAY, 19 JUL 2010
Major accountant-based financial advisory firms including Count Financial, PIS and Securitor have formed a new alliance in response to draft proposals from the accounting ethical standards board banning its members from charging asset-based fees from ...

Goldman Sachs pay $620m to settle SEC lawsuit

SEC RELEASE, BLOOMBERG  |  FRIDAY, 16 JUL 2010
Goldman Sachs & Co has paid the US regulator more than $620 million (US$550 million), the largest penalty ever levelled against a financial firm, for allegedly misleading investors regarding the deals behind its sub-prime mortgage product. Goldman Sachs ...

US Congress passes Wall Street reforms

MICHELLE BALTAZAR  |  FRIDAY, 16 JUL 2010
... Rule, which will prevent banks from trading their own capital. Treasury secretary Geithner said the bill, when it becomes law, will restore the banking system to its core purpose of helping Americans save for their future. "The message of this bill is ...

Saved by BP and Goldman

BENJAMIN ONG  |  FRIDAY, 16 JUL 2010
Oil spill? Checked. Lawsuit? Checked. The resolution of these two uncertainties powered Wall Street into a positive close after spending most its trading day worrying about weak economic data at home. Oil spill plugged. BP shares surged by 7.6 per cent ...

CFD health check prompts more oversight

MICHAEL HOBBS  |  TUESDAY, 13 JUL 2010
... disclosure benchmarks, continued monitoring of CFD advertising and the publication of an investor guide to CFDs. Possible law reform could follow if these actions don't provide an appropriate outcome, according to ASIC. Specifically, the regulator said ...

More planners gain SMSF cred

RUTH LIEW  |  TUESDAY, 13 JUL 2010
... she said. Previously focusing on advice, understanding and application of the superannuation, income tax and corporations law, the new standards will now test a range of SMSF knowledge and skills including investment strategies, managing risk and superannuation ...

ASX power handover to ASIC heralds new trading rules

PRESS RELEASES  |  FRIDAY, 9 JUL 2010
... supervisory role historically held by the local bourse. Chris Bowen, minister for financial services, superannuation and corporate law, announced the Australian Securities & Investment Commission (ASIC) will start supervising the ASX from August this ...

TFN should be member ID: Cooper

MICHAEL HOBBS  |  MONDAY, 5 JUL 2010
... and pay superannuation for your employees," said Chris Bowen, minister for financial services, superannuation and corporate law. John Brogden, chief executive at the Investment & Financial Services Association (IFSA), said using TFNs to track members ...

Bad news bears

BENJAMIN ONG  |  FRIDAY, 2 JUL 2010
... month's instalment of economic data releases. You guessed it! It was another down day on Wall Street overnight as Murphy's Law made its presence felt. "If anything could go wrong, it will!" Or is it the current financial market version of the Law, "If ...