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Showing 471 - 480 of 546 results for "Investigate"

Orion tightens compliance after rogue trader caught

RUTH LIEW  |  WEDNESDAY, 7 APR 2010
Orion Asset Management has strengthened its vigilance on compliance standards since one of its equities dealers, 24-year-old John Hartman, was caught and pleaded guilty to 25 charges of insider trading. Hartman was employed by Orion from March 2006 ...

SEC launches derivatives review

SEC RELEASE  |  FRIDAY, 26 MAR 2010
The US Securities and Exchange Commission (SEC) is reviewing the use of derivatives by mutual funds, exchange traded funds and investment firms. SEC staff will explore a number of issues relating to the investment strategy and the regulations imposed ...

Treasury proposes mandatory governance principles

MICHAEL HOBBS  |  TUESDAY, 9 MAR 2010
... companies in August last year. Although Treasury perceives the auditing industry in a positive light, it said it will investigate governance practices in S&P/ASX All Ordinaries listed companies. Specifically, it is reviewing whether a mandatory requirement ...

Ripoll recommends investor compensation fund

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
The Parliamentary Joint Committee (PJC) said the government should investigate launching a "last resort statutory compensation fund" to cover financial advice licensee failings. The committee received a number of submissions from the regulator and Financial ...

Lessons learned from Opes Prime

RUTH LIEW  |  TUESDAY, 24 NOV 2009
From selling sophisticated products to retail investors to ineffective disclosure, the Ripoll Inquiry has investigated the factors that fuelled the failure of Opes Prime - and outlined what needs to be done to prevent future disasters. One of the biggest ...

SelectingSuper unveils 2009 top super funds

RUTH LIEW  |  FRIDAY, 6 NOV 2009
SelectingSuper has recognised the industry's finest, with more than 20 of the country's 400-plus super funds making it to this year's awards shortlist. This morning's SelectingSuper Awards recognised REST Super as the Fund of the Year, and paid tribute ...

Galleon sinks $4bn

MICHELLE BALTAZAR  |  THURSDAY, 22 OCT 2009
Galleon Group, one of the largest hedge funds in the US with $4 billion in assets shuts down after US watchdog SEC investigates the group's founder, Raj Rajaratnam, for insider trading. In a scandal that rocked New York's Manhattan set, Rajaratnam became ...

CalPERS reviews US$50m fees to placement agent

MICHELLE BALTAZAR  |  FRIDAY, 16 OCT 2009
The largest public pension fund in the US, CalPERS, is to investigate "success fees" paid to placement agents by its external fund managers after a disclosure report found more than US$50 million in fees were paid to a placement agency ran by a former ...

Countdown to awards

COMPANY RELEASE  |  WEDNESDAY, 14 OCT 2009
The Rainmaker SelectingSuper Awards are just around the corner, an event that showcases the best super funds in the country. This year's awards held at the Westin Hotel, Sydney on 6 November and hosted by sporting television personality Ken Sutcliffe ...

FOS swamped with complaints

MICHAEL HOBBS  |  MONDAY, 14 SEP 2009
The Financial Ombudsman Service (FOS) is changing how it deals with investments, life insurance and superannuation complaints to cope with rising complaint volumes, particularly in financial planning. The service noted it saw a 77 per cent increase ...