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Showing 301 - 310 of 6596 results for "Exchange"

Former Western AM investment chief charged for 'cherry-picking'

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
The Securities and Exchange Commission (SEC) has charged former Western Asset co-chief investment officer Ken Leech for "engaging in a multi-year scheme to allocate favourable trades to certain portfolios." The SEC alleges Leech engaged in the conduct ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
Gary Gensler, the chair of the Securities and Exchange Commission (SEC), will leave the regulator on January 20. The SEC has announced Gensler will depart at midday on 20 January 2025, coinciding with the commencement of President-elect Donald Trump's ...

Treasury consults on new crypto tax laws

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
... designed to capture the full scope of crypto assets and their providers. It also allows for a multilateral agreement and exchange of information between other OECD nations. Treasury is also consulting on some amendments to CRS, as also outlined by the ...

Australian Unity Office Fund to be wound up

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
Australian Unity Real Estate Limited (AUIREL) has told investors it will delist and wind up the Australian Unity Office Fund (AOF), as flagged in August. The proposal involved the disposal of AOF's main undertaking and the cessation of AOF's real estate ...

Blockchain platform MezFi launches

KARREN VERGARA  |  MONDAY, 18 NOV 2024
... per annum, targeting retail investors in Australia and New Zealand. Investors purchase DFTs at a minimum of $5000 in exchange for one unit in the MezFi Fund 1. The fund invests in mezzanine finance deals in the property sector. The units are digitised ...

HNWIs demand alternatives, platforms lack access

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... said. Some 69% of HNW-focused advisers see alternatives as key in meeting client demands in the future. This is behind exchange-traded funds (ETFs), which 79% of wealthy investors plan to allocate to in the future. They also see themselves investing ...

Invesco Advisers pays $26m over false ESG claims

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
Invesco Advisers was charged by the Securities and Exchange Commission (SEC) after it was found to have misled investors as to what proportion of its total assets were invested according to ESG principles. Invesco Advisers was charged with willfully ...

Old, retired males more likely to use a financial adviser: VanEck

ANDREW MCKEAN  |  THURSDAY, 7 NOV 2024
... better grasp of "the value that financial advisers and other investment professionals can bring to the table." Meantime, exchange-traded funds (ETFs) are the most common product found in portfolios, regardless of whether a financial adviser is used or ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... Chase & Co, will pay a combined $230 million (US$151m) to settle four separate enforcement actions by the Securities and Exchange Commission (SEC). In a fifth action, the SEC opted not to issue a fine. The SEC found that JPMS made misleading disclosures ...

Macquarie reports $1.6bn net profit

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
... under management was $916.8 billion, down 2% from $938.3 billion at March 31. The decline was due to unfavourable foreign exchange movements, outflows in equity strategies and divestments. It was however, partially offset by favourable market movements ...