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Showing 301 - 310 of 6715 results for "Securities"

ASX says CHESS Release 2 costs to hit $320m

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... investment for the effective and reliable operation of the current CHESS." The escalating costs come after the Australian Securities and Investments Commission (ASIC) launched proceedings against the ASX in August for allegedly making misleading statements ...

ASIC flags regulatory guide updates for 2025

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
The Australian Securities and Investments Commission (ASIC) has announced it intends to update some key regulatory guides in 2025. ASIC said it regularly reviews and updates regulatory guides to ensure they remain simple to follow, effective, current ...

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 ...

Super fund adds to Payden & Rygel mandate

KARREN VERGARA  |  MONDAY, 25 NOV 2024
... securitised, and emerging market debt. It takes an active approach and moves dynamically across sectors and individual securities with the aim of achieving its return objective of overnight deposit rates plus 3-5%," he said. Payden & Rygel portfolio ...

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 ...

HMC Capital launches DigiCo REIT

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
... under management (AUM) will increase to approximately $17.5 billion, representing +73% growth in CY24. Trading of new securities in the DigiCo REIT are expected to commence on a conditional and deferred settlement basis on 12 December 2024. The DigiCo ...

Fiducian names general manager, superannuation

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... head of member services at Australian Catholic Superannuation and Retirement Fund and worked at AMP and BNP Paribas Securities Services. He departed NAB Asset Servicing, which is shuttering, in December 2023. Martin has been general manager, superannuation ...

Former adviser charged with dishonest conduct

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
... allegedly provided false information during ASIC's investigation into his role in recommending unlisted McFaddens Securities shares to clients between 2015 and 2021. The shares included pre-IPO companies like Steppes Alternative Asset Management ...

ClearView's share price tanks 31%

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
... information to be information that a reasonable person would expect to have a material effect on the price or value of its securities given the nature of its business, being life insurance." "The information related to the first quarter claims experience ...

ASIC sues NAB for failing customers

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
The Australian Securities and Investments Commission (ASIC) has filed proceedings against National Australia Bank (NAB) in the Federal Court. ASIC alleges NAB failed 345 of its customers at their most vulnerable when they applied for hardship support ...