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Showing 381 - 390 of 472 results for "ASIC Commissioner"

Sonray director to face 10 years imprisonment over unfunded deposits

ALICE URIBE  |  THURSDAY, 3 OCT 2013
... in a solvency report required by ASIC, made a false statement about equity injections of $5.2m into Sonray. ASIC commissioner Greg Tanzer said: "ASIC expects directors to act honestly and with integrity, and always in the interests of the company. We ...

Hedge fund maestro Hintze voices concern over regulation

MARK SMITH  |  THURSDAY, 12 SEP 2013
... other stuff that's hedged up to the head so you know fully what you're going to lose and what you can't lose." ASIC commissioner Greg Tanzer said that it hoped to publish the changes to its original hedge fund class order for industry consideration in ...

Property group director jailed for four years

LAURA MILLAN  |  MONDAY, 9 SEP 2013
... financial standing of an entity to be acquired with investor funds and Lewis with Weerapah failed to inform ASIC," ASIC commissioner Greg Tanzer said. "Weerappah's conduct was deliberate, cunning and calculated. His dishonesty over three years led to ...

ASIC puts stop order on misleading Trilogy PDS

JAMES FERNYHOUGH  |  MONDAY, 2 SEP 2013
... where investors could obtain further details of the rating," and "failure to address benchmark disclosures." ASIC Commissioner Greg Tanzer said: "It is important that disclosure documents and advertisements are clear, accurate and balanced, and when ...

ASIC issues governance warning on local emerging market companies

MARK SMITH  |  TUESDAY, 27 AUG 2013
... that is because we want investors to be confident and informed when putting their money in these companies," ASIC commissioner John Price said. As at November 2012, ASIC identified 760 ASX-listed companies that reported having an accounting segment or ...

AIMA Hedge Fund Forum targets greater cohesion

MARK SMITH  |  MONDAY, 26 AUG 2013
... explore how fund managers can institutionalise their businesses without losing their unique, competitive edge. ASIC commissioner Grag Tanzer will lead a regulatory panel, providing an insight into the size, performance and systemic risk posed by the ...

Hybrids must better convey risk: ASIC

JAMES FERNYHOUGH  |  TUESDAY, 20 AUG 2013
... 75,000 investors in hybrid securities last year, two thirds of whom were self-managed superannuation funds. ASIC Commissioner John Price said: "We have responded to the increased issuance and popularity of hybrids by working with issuers and their advisers ...

ASIC brandishes whip on dark liquidity and HFT

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
... after the Australian Securities and Investments Commission (ASIC) announced its new market integrity rules. ASIC Commissioner Cathie Armour said the new rules will improve the transparency and integrity of crossing systems and deter market manipulation. ...

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... regime, and we will take a measured approach where inadvertent breaches arise, or system changes are underway," ASIC commissioner Greg Tanzer said. "However, where we find deliberate and systemic breaches we will take stronger regulatory action."

ASIC seeks to wind up of LM mortgage income fund

MARK SMITH  |  FRIDAY, 19 JUL 2013
... week, ASIC has sought orders for FMIF to be wound-up and PricewaterhouseCoopers be appointed as the receivers. ASIC commissioner Greg Tanzer said this was the most efficient and cost effective way to provide the best chance of achieving the maximum return ...