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Showing 311 - 320 of 476 results for "ASIC commissioner"

ASIC bans ex-Macquarie Equities trader

ALEX BURKE  |  WEDNESDAY, 17 AUG 2016
... trading accounts even when this was not the case; in these instances he also created false records of advice. ASIC commissioner Peter Kell said: "Investors should feel confident that financial advisers are acting within the authority given to them by ...

ASIC determines Aussie equity market "mostly clean"

ALEX BURKE  |  WEDNESDAY, 10 AUG 2016
... market'. Measuring abnormal price movements forms the basis of the established market cleanliness measure." ASIC commissioner Cathie Armour added: "We have seen a gradual improvement in market cleanliness indicators over time and across different segments ...

ASIC compensation plummets despite surveillance success

ALEX BURKE  |  MONDAY, 8 AUG 2016
... ASIC's unwavering commitment to ensuring Australia's markets remain a level playing field for all investors," ASIC commissioner Cathie Armour said. ASIC commissioner Greg Tanzer added: "ASIC is working hard to maintain trust and confidence in Australia's ...

PMIIG licence cancelled

MARK SMITH  |  FRIDAY, 5 AUG 2016
... in the financial services market. ASIC will take action when AFS licensees fail to meet their obligations," ASIC commissioner Greg Tanzer said. PMIIG has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision. The ...

ASIC appoints markets disciplinary chair

ALEX BURKE  |  TUESDAY, 2 AUG 2016
... panel for six years. Gay also sits on the boards of the Victorian Funds Management Corporation and Koda Capital. ASIC commissioner Cathie Armour commented on the move, saying: "The Panel's track record demonstrates the value of a peer-review model in ...

ASIC takes Macquarie to court over van Eyk fund

ALEX BURKE  |  THURSDAY, 23 JUN 2016
... costs. ASIC and Macquarie will now go to court to determine adequate penalties. Commenting on the proceedings, ASIC commissioner Greg Tanzer said: "The Corporations Act places important obligations on responsible entities which protect the interests ...

Regulatory sandbox exemption welcomed

KERRIE SYDEE  |  THURSDAY, 9 JUN 2016
... collaboration between leaders in the fintech community, ASIC and Federal Treasury that started late last year." ASIC commissioner John Price said: "We believe the measures proposed in this consultation paper will help to lower barriers to entry faced ...

ASIC cancels AFSL of wholesale fund manager

KERRIE SYDEE  |  WEDNESDAY, 1 JUN 2016
... obligations seriously as they are important to ensure we have efficient well-functioning financial markets," ASIC commissioner Greg Tanzer said. "ASIC can and does hold gatekeepers to account to ensure investors can have confidence in our financial system." ...

MFSIM execs use $143.5m in client money to repay debts

KERRIE SYDEE  |  TUESDAY, 24 MAY 2016
... roles in the company also seem... to qualify them as its 'high managerial agents.'" Commenting on the findings, ASIC commissioner John Price said: "Company officers, including directors, play a very important role as gatekeepers in Australia's financial ...

Government pushes "regulatory sandbox" for fintech startups

ALEX BURKE  |  WEDNESDAY, 4 MAY 2016
... facilitate fintech innovation while maintaining protections to ensure investor and consumer trust and confidence," ASIC commissioner John Price said. He added: "ASIC anticipates that the proposed regulatory sandbox exemption may bring better financial ...