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Showing 471 - 480 of 833 results for "Corporations Act"

AMP admits to serious misconduct in RC submissions

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... community standards and expectations." AMP made a series of acknowledgements of possible contraventions of the Corporations Act and the ASIC Act in relation to fees for no service. Orr said AMP acknowledged 196 events across 14 of its advice licensees ...

Royal Commission to take "labyrinthine" advice legislation to task

ALEX BURKE  |  MONDAY, 9 APR 2018
... financial sector - this led to ASIC's establishment in 1998. The paper continues: "Although both Chapter 7 of the Corporations Act and Part 2, Division 2 of the ASIC Act have subsequently been amended extensively, it is important to note that by the ...

FASEA standards still lacking: FPA

ALEX BURKE  |  THURSDAY, 5 APR 2018
... degree in an unrelated field, the completion of a bridging course of eight units covering topics including the Corporations Act and behavioural finance will be required. FASEA said the full content for advisers with no current degree will be confirmed ...

Blue Sky hits back at hedge fund, requests ASIC intervention

ALEX BURKE  |  WEDNESDAY, 4 APR 2018
... engaged in the notable increase in short selling in recent months" may have manipulated the market, breaching the Corporations Act. As a consequence of this, Blue Sky requested ASIC investigate Glaucus and the recent short-selling of Blue Sky Securities. ...

Former Provident Capital MD still banned but allowed procedural fairness

DARREN SNYDER  |  THURSDAY, 22 MAR 2018
... managing corporations for five-years. It is the maximum banning period ASIC can impose under section 206F of the Corporations Act. On 7 March 2018, Federal Court Justice Nye Perram found an error was made in O'Sullivan's AAT hearing on 2 May 2017. "ASIC ...

FASEA releases draft degree equivalence, Code of Ethics

JAMIE WILLIAMSON  |  TUESDAY, 20 MAR 2018
... degree in an unrelated field, the completion of a bridging course of eight units covering topics including the Corporations Act and behavioural finance will be required. FASEA said the full content for advisers with no current degree will be confirmed ...

ASIC seeks Deloitte to liquidate SMSF business

ALEX BURKE  |  TUESDAY, 27 FEB 2018
... Deloitte's Jason Tracy to liquidate the company. According to ASIC's statement, Superfunded may have breached the Corporations Act and parts of the Superannuation Industry (Supervision) Act relating to schemes that promote the "illegal early release ...

ASIC successfully files injunction against Melbourne advice provider

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
... Circle's conduct as misleading, deceptive and unconscionable, alleging Financial Circle Pty Ltd breached the Corporations Act 2001, the National Consumer Credit Protection Act 2009 and the Australian Securities and Investments Commission Act 2001, including ...

AAT upholds ruling against ex-Macquarie and ex-Credit Suisse advisers

EMMA RAPAPORT  |  TUESDAY, 12 DEC 2017
... transparent markets for financial products," the AAT said. The AAT found that Davidof contravened s1041A of the Corporations Act 2001 and that a three-year ban was appropriate in the circumstances. The AAT noted that "Davidof was aware...that the forces ...

Court shuts down listed investment manager lawsuit

ALEX BURKE  |  FRIDAY, 8 DEC 2017
... another, and because their combined shareholding in Molopo is 37.33%, this is a contravention of section 606 of the Corporations Act. Molopo's response to Keybridge suggested the latter was seeking the removal of incumbent directors; Keybridge disputed ...