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Showing 421 - 430 of 3707 results for "Order"

NAB to pay $2.1m for knowingly overcharging customers

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
NAB will pay $2.1 million in a fine issued by the Federal Court over knowingly overcharging customers certain fees and failing to tell them. The court has ordered the bank pay the penalty for continuing to charge periodic payment fees it knew was not ...

No bubble risk in Sydney housing market: UBS

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
... home of that size near the city. An apartment of that size would also need to be rented out for an average of 29 years in order to be paid off.

Trading platform pays $830k over suspicious trades

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2023
... placed a series of bids for shares in that company in November and December 2013 through Interactive Brokers' automated order processing system, most of which were of very low value and created increases in the price of the shares. Interactive Brokers ...

ASIC takes legal action against crypto exchange

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... crypto industry that products will continue to be scrutinised by ASIC to ensure they comply with regulatory obligations in order to protect consumers." "ASIC's action should be a reminder of the importance to comply with the design and distribution obligations ...

ARK Invest acquires European ETF issuer

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... founders, which have been instrumental in Rize ETF's growth and success, will become integral members of ARK Invest Europe in order to maintain consistency and reliability for all existing and future investor," an ARK announcement said. While the financial ...

Industry mega trends impacting distribution roles

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... well as the fund's overarching macro view. "Distribution teams must have the skills to assess more complex assets in order to help clients identify investment opportunities with strong risk-adjusted returns," she says. "We're finding that capital ...

Former van Eyk chief cops permanent ban

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... Mark Thomas has copped a permanent ban from working in financial services by the corporate regulator. ASIC's banning order follows the former research house chief's sentencing last November when he pled guilty to breaching his directors' ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
ASIC continues to crack down on providers of contracts for difference (CFD), options and other high-risk products that flout their target market determinations (TMD), and design and distribution obligations (DDO). The newly published Report 770 Design ...

Financial hardship neglect lands Westpac in court

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
ASIC is suing Westpac for neglecting more than 200 customer hardship requests over seven years, for which the bank blames "technology failure". ASIC commenced civil penalty proceedings in the Federal Court, alleging that Westpac failed to respond to ...

Janus Henderson launches new fund

CASSANDRA BALDINI  |  TUESDAY, 5 SEP 2023
... remain focused on developments in advanced economies, the new fund will identify companies that have adapted to the new world order for future growth "by tapping into reconfigured global supply chains and can offer investors an avenue to diversify their ...