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Showing 341 - 350 of 6690 results for "Securities"

ASX sued by ASIC for alleged misleading statements

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
The Australian Securities and Investments Commission (ASIC) has commenced proceedings in the Federal Court against the ASX, for allegedly making misleading statements related to its Clearing House Electronic Subregister System (CHESS) replacement project. ...

FAAA calls on advisers: 'We ask for your support'

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... CSLR legislation and failed to do a regulation impact statement for the CSLR. The FAAA also took aim at the Australian Securities and Investments Commission (ASIC) for "failing to take action against Dixon Advisory in a timely manner" and for postponing ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... interest rate hikes pose significant risks for Australian businesses," Kearney said. The report comes after the Australian Securities and Investments Commission (ASIC) said fewer than one in 10 liquidators have adopted a simplified liquidation process ...

Global X loses another senior talent

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
... portfolio management Cliff Man will exit the firm later this month, after an almost 11-year stint. Mann joined ETF Securities in Hong Kong before transitioning to the Australian business in 2016. Global X said he was instrumental in building and expanding ...

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... the licence," Berry said. The CSLR is actively managing 102 claims - 79% of which related to financial advice - while securities dealing and credit intermediaries such as finance and mortgage brokers comprise 15% and 5% respectively. The scheme has paid ...

Global X chief to step down

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
... handover of his responsibilities and works on "some ongoing projects." Metcalf joined Global X in 2014, then known as ETF Securities, holding roles such as head of operations, co-head of portfolio management, and head of product. Before that, he worked ...

Institutional investors embracing crypto: GDF

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
... Soucie believes cryptocurrencies will continue to infiltrate financial institutions' investment approach, pointing to Securities and Exchange Commission's recent approval of spot Bitcoin ETPs as the floodgate. "This is the year of crypto going institutional ...

US election outcome tops investor concerns: Natixis

MATTHEW WAI  |  WEDNESDAY, 31 JUL 2024
... are picking credit, favouring government and investment grade corporates over riskier high-yield and emerging market securities," Watson said. Opinions on sustainable investments are also vastly divided. Half of the participants agree that demand for ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... facilities in the ASX Group: two central counterparties - ASX Clear Pty Ltd and ASX Clear (Futures) Pty Ltd - and two securities settlement facilities - ASX Settlement Pty Ltd and Austraclear Limited.

ANZ staff axed over treasury bond scandal

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
... relation to a 2023 bond transaction. ANZ chief executive Shayne Elliott said the bank had been working with the Australian Securities and Investments Commission (ASIC) as well as launching its own internal investigation. "With the assistance of external ...