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Showing 461 - 470 of 479 results for "ASIC Commissioner"

ASIC cracks down on CFD trading

RUTH LIEW  |  WEDNESDAY, 17 NOV 2010
... to the new standards, ASIC declined to include exchange-traded products under the new regime. Greg Medcraft, ASIC commissioner, said investors may not necessarily understand the risks of trading CFDs due to product complexity - however the lack of clarity ...

Net tightens around share trading: ASIC

RUTH LIEW  |  FRIDAY, 5 NOV 2010
... implement a regulatory approach that supports the supervisory function and keeps pace with market developments." ASIC commissioner Shane Tregillis said technology and competition are fundamentally changing the way Australia's equity markets operate - ...

Fundies face tough ASIC scrutiny

RUTH LIEW  |  FRIDAY, 5 NOV 2010
... integrity rules. "ASIC appreciates market participants will need time to adapt to the new environment," said ASIC commissioner, Shane Tregillis. "We will be engaging closely with industry in developing the proposed regulatory framework," he said. The ...

CFD health check prompts more oversight

MICHAEL HOBBS  |  TUESDAY, 13 JUL 2010
... are aware of the very significant risks when trading these complex financial products," said Greg Medcraft, ASIC commissioner. ASIC is proposing a number of recommendations for the CFD market including disclosure benchmarks, continued monitoring of CFD ...

End to unfair mortgage exit fees

ASIC AND CHOICE RELEASES  |  MONDAY, 28 JUN 2010
... fees. Excessive early exit fees may deter consumers from switching to another mortgage', said Dr Peter Boxall, ASIC Commissioner. Under the new rules ASIC would classify fees as unfair if the term requiring the early exit fee to be paid would cause a ...

Gunns freezes MIS offerings

RUTH LIEW  |  WEDNESDAY, 5 MAY 2010
... investors are better informed about all agribusiness schemes and the risks associated with them," Greg Medcraft, ASIC commissioner said.

ASIC ramps up market surveillance

ASIC RELEASE  |  THURSDAY, 25 MAR 2010
... time trading on Australia's domestic licensed markets will be assumed by ASIC during the third quarter of 2010. ASIC commissioner Belinda Gibson said, "the procurement of the IMSS is an important milestone in the transition and will underpin the streamlined ...

ASIC enforces AFSLs for margin lenders

ASIC RELEASE  |  TUESDAY, 2 FEB 2010
... the new responsible lending and margin call notification requirements, will take effect from 1 January 2011. ASIC Commissioner, Dr Peter Boxall, encouraged industry participants to consider if they are captured by the new requirements. "It is important ...

Bankrupts jump on the web

ASIC RELEASE  |  WEDNESDAY, 1 JUL 2009
... assistance to these stakeholders, including direction to further advice and information', said Michael Dwyer, ASIC Commissioner. Dwyer said company directors should familiarise themselves with the website particularly around their responsibilities in ...

Indigenous Australians get fin lit boost

RUTH LIEW  |  TUESDAY, 9 DEC 2008
... northern regions of Australia this week along with Australian Financial Literacy Board chairman Paul Clitheroe and ASIC commissioner Jeremy Cooper to better understand the specific financial literacy needs of Indigenous communities. "The Rudd Government ...