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Showing 21 - 30 of 98 results for "Macquarie Equities"

Macquarie adviser forged signatures, lied to clients

LAURA MILLAN  |  FRIDAY, 7 AUG 2015
An authorised representative of Macquarie Equities Limited (MEL) has been banned for six years after the regulator found that he forged client documents. Shawn Hickman engaged in unauthorised discretionary trading on his clients' accounts between November ...

ASIC ends Macquarie EU but sees gaps in advice files

LAURA MILLAN  |  FRIDAY, 13 FEB 2015
Macquarie Equities Limited advice files have gaps and require further testing, the Australian Securities and Investments Commission (ASIC) said as the two year enforceable undertaking (EU) into the organisation's advice arm comes to an end. "While there ...

Macquarie forced to contact all advice clients for remediation

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
Macquarie Equities Limited (MEL) must contact all clients who received advice from its financial planning arm, Macquarie Private Wealth (MPW), going back to 2004 following action from the regulator. Under the enforceable undertaking (EU) in place since ...

Macquarie rebukes advice, compliance concerns

LAURA MILLAN  |  TUESDAY, 8 JUL 2014
... such as Macquarie Private Wealth." The document referred to lending practices between 2002 and 2010 within Macquarie Equities Limited and Macquarie Private Wealth. "The committee found that some of Australia's banking institutions turned a blind eye ...

ASIC highlights higher enforcement rate ahead of Senate inquiry

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
... misappropriation, theft and fraud. Individuals and entities ASIC took action against in the six months include Macquarie Equities, Suncorp, former Bill Express CFO Peter Couper, Wickham Securities and former Lonsec managing director Norman Graham.

Valuation drop for WHK if merger falls through: Macquarie

BEN COLLINS  |  WEDNESDAY, 27 FEB 2013
... the clear risk in this current environment that they are unable to be fully translated to the bottom line," a Macquarie Equities Research paper noted earlier this week. WHK Group could hold out for improved terms, "but given the larger than usual bias ...

Market Wrap

AAP  |  FRIDAY, 4 MAY 2012
... points on Tuesday. In equities news, the first directions hearing is expected in the Federal Court case against Macquarie Equities for alleged market manipulation of shares in Bill Express. In Australia, the market on Thursday closed marginally lower ...

ASX fines broker for bad behaviour

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
... firms were Bell Potter Securities, Commonwealth Securities, MF Global Australia, Morrison Securities, UBS AG, Macquarie Equities and Australian Investment Exchange. The ASX will continue to discipline brokers for breaches of the rules made before August ...

Instreet appoints Brant to its board

ELISE BURGESS  |  THURSDAY, 25 NOV 2010
... including Merrill Lynch in the equity structured solutions business, roles with ANZ Securities, BZW Australia and Macquarie Equities. Brant continues to work at Link Capital as managing director, a firm that sources investment solutions and wealth creation ...

Broker jailed for false trades

ASIC RELEASE  |  WEDNESDAY, 14 JUL 2010
Former Macquarie Equities client adviser Newton Chan has been sentenced to a 20-month imprisonment term - serving four months immediately before being released on a recognisance release order - for share price manipulation. He was sentenced in the Supreme ...