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Showing 21 - 30 of 3785 results for "Order"

ASIC hits Fidante private credit fund with interim stop order

KARREN VERGARA  |  TUESDAY, 13 OCT 2026
... The $800 million Ares Global Credit Income Fund, which is issued by Fidante Partners, has been hit with an interim stop order from the corporate regulator for target market determination (TMD) deficiencies. ASIC has prevented Fidante Partners, the responsible ...

Fortnum pays $1.35m to settle ASIC lawsuit

MATTHEW WAI  |  TUESDAY, 13 OCT 2026
Fortnum Private Wealth will pay a penalty of $1.35 million and ASIC's costs to resolve legal proceedings against the firm over a cyber governance matter which occurred between April 2021 and May 2023. Fortnum self-reported the matter to ASIC and ...

ASIC seeks 10-year extension of CFD protections

VINNY VUCAGO  |  MONDAY, 12 OCT 2026
ASIC is proposing to extend its product intervention order governing contracts for difference (CFDs) until 2037, while tightening protections to address risks posed by increasingly varied ways of settling the complex, leveraged products. The regulator ...

Former Western AM investment chief to receive final judgement

MATTHEW WAI  |  MONDAY, 12 OCT 2026
... picking'. Leech did not admit to the allegations, but consented to a final judgement, subject to court approval, that would order him to pay a $4.3 million (US$3m) penalty, impose an officer-and-director bar and permanently enjoin him from violating ...

ASIC issues more stop orders amid private credit crackdown

ELIZA BAVIN  |  THURSDAY, 8 OCT 2026
ASIC has made an interim stop order on the product disclosure statement (PDS) issued by Australian Secure Capital Fund (ASCF) offering units in three registered managed investment schemes. The interim stop order stops ASCF from offering, issuing, selling ...

ASIC sues another former Venture Egg adviser

VINNY VUCAGO  |  WEDNESDAY, 7 OCT 2026
ASIC has launched civil penalty proceedings against former financial adviser Osama Saad, alleging he participated in schemes designed to avoid conflicted remuneration laws and provided unsuitable advice that directed hundreds of clients' superannuation ...

ASIC appoints receivers to Star Investment Group

VINNY VUCAGO  |  WEDNESDAY, 7 OCT 2026
ASIC has secured the appointment of receivers to Star Investment Group Australia and associated entities following a further Federal Court hearing into the investment scheme. Justice Anderson on October 6 appointed Adrian Robert Hunter and Jonathon ...

FEATURE | Nature risk | Paved paradise

KARREN VERGARA  |  MONDAY, 5 OCT 2026
... seriously." Data digestion The reality is that nature is complex and multifaceted. Measuring nature-related risks is tall order even when grasping the concept itself has been challenging. Geospatial tools are a credible contender in helping bridge that ...

ASIC lifts stop orders against Remara

RIDDHIMA TALWANI  |  FRIDAY, 2 OCT 2026
ASIC has lifted three interim stop orders against Remara Investment Management's private credit products, after it amended its target market determination (TMD). Last week, the corporate watchdog claimed the products were too risky for retail investors. ...

Developer jailed after $2.2m investment scam

VINNY VUCAGO  |  WEDNESDAY, 30 SEP 2026
A Queensland property developer has been sentenced to nine years in prison after pleading guilty to dishonestly applying more than $2.2 million in investor funds to his own use of that of others. Ian Omar Chester pleaded guilty in the Southport District ...