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Showing 3891 - 3900 of 6939 results for "% December"

Post-Bernanke uncertainty

BENJAMIN ONG  |  FRIDAY, 26 JUL 2013
"Facebook and BenO are now friends." This is what my 'friends' and 'friends of friends' would see on my Facebook status from this day onwards. For how could you not 'like' something that increases your wealth by as much as 31.6% in one single day? Facebook ...

ASIC highlights higher enforcement rate ahead of Senate inquiry

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
The Australian Securities and Investments Commission (ASIC) has made a total of 371 enforcement actions between January and June 2013, according to an enforcement report released ahead of the Senate inquiry on ASIC's performance. In line with its efforts ...

Centrepoint spent $4.9 million in client claims

LAURA MILLAN  |  WEDNESDAY, 24 JUL 2013
Professional Investment Services (PIS) owner Centrepoint Alliance Group spent $4.9 million to cover client claims in relation to the performance of some of its advisers. The company revealed to the Australian Securities Exchange (ASX) that the group ...

ASIC freezes defendants' assets in Wickham case

LAURA MILLAN  |  MONDAY, 22 JUL 2013
The Australian Securities and Investments Commission (ASIC) has obtained orders to freeze the assets of the 15 defendants in the legal proceedings against Wickham Securities executives. The defendants include eight companies related to Wickham founder ...

IFM reveals start date for fee reduction

ALICE URIBE  |  MONDAY, 22 JUL 2013
Industry Funds Management (IFM) has set January 2014 as the start date for its expected, wide-ranging fee reduction. The fund manager which oversees $44 billion in assets first announced the Global Pricing Review in November 2011 and had planned to ...

UBS fined $30,000 for decimal point mistake

MARK SMITH  |  FRIDAY, 19 JUL 2013
UBS Securities Australia has paid a fine of $30,000 after a misplaced decimal point caused the price of a BetaShares ETF to fall by 99%. Markets Disciplinary Panel (MDP) issued an infringement notice for the breach of market integrity rules. On 16 December ...

PIS appoints PwC as independent expert

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
PriceWaterhouseCoopers (PwC) will monitor independent dealer group Professional Investment Services (PIS) for the next nine months after an order was issued yesterday by the Australian Securities and Investments Commission (ASIC). PwC will report back ...

ASIC orders further PIS scrutiny over compliance concerns

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
Professional Investment Services (PIS) will be subject to a monitoring program by an independent expert to ensure that its advice processes meet the standards set out in a major enforceable undertaking (EU). The EU came to an end on March 2012 and PIS ...

BNP Paribas MD departs, successor announced

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
BNP Paribas Securities Services managing director, Australia and New Zealand, Pierre Jond will return to Paris at the end of 2013. He will be succeeded by Peter Baker, currently head of client strategy and communication at BNP Paribas. BNP Paribas has ...

ASIC bans Gateway Financial adviser permanently

LAURA MILLAN  |  MONDAY, 8 JUL 2013
The Australian Securities and Investments Commission (ASIC) has permanently banned a former Gateway Financial adviser, which is an authorised representative of Titanium Planners. Joshua John Doyle from Bradbury, New South Wales, has been permanently ...