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Showing 31 - 40 of 66 results for "Fame"

Former Centra Wealth adviser banned

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2018
... fees for service into his personal bank account. ASIC has banned David Mario Alafaci on the basis that he is not of good fame or character. An authorised representative of Centra Wealth between 2 July 2014 and 11 January 2016, Alafaci deceived the dealer ...

Expansion everywhere

BENJAMIN ONG  |  TUESDAY, 3 OCT 2017
"They float. They all float!" Nah, not scribbling to spook the bejeesus out of you ala Pennywise the clown of "It" fame. Au contraire, the quote refers to the manufacturing PMI survey releases showing that the world's biggest economies are all - not ...

Modern Silk Road presents investment jewel

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2017
Quantifeed launched a model portfolio for investors looking to capitalise on "the biggest macro-economic story of the century." A 21st century replication of the famed Silk Road, the China-led Belt and Road Initiative will involve the construction of ...

ASIC bans ex-AMP adviser

KARREN VERGARA  |  TUESDAY, 27 JUN 2017
... fundamental lack of [honesty] and professionalism," further commenting that the regulator has reason to believe he was "not of good fame or character." ASIC said its investigations into this and related matters are ongoing, adding AMP has in place a ...

Past Morgan Stanley adviser hit with permanent ban

JAMIE WILLIAMSON  |  MONDAY, 13 MAR 2017
... significant financial loss, ASIC decided he was likely to breach financial services law again in future and was not of good fame or character. ASIC commissioner Cathie Armour said: "Financial advisers are expected to act in the best interests of clients. ...

Super skimming adviser permanently banned

JAMIE WILLIAMSON  |  MONDAY, 19 DEC 2016
... clients from their superannuation and kept a portion of the funds for himself. The regulator decided that Banks was not of good fame and character, with his conduct being dishonest and a betrayal of client trust, while also deceiving PIS and the trustee ...

False information undermining ASIC integrity

KERRIE SYDEE  |  THURSDAY, 8 DEC 2016
... information in their statements of personal information. This statement is required by ASIC to deem whether the person is of good fame and character and whether there is reason to believe the applicant is likely to meet its licence obligations. Recent ...

ASIC bans deceptive adviser

KERRIE SYDEE  |  TUESDAY, 8 NOV 2016
... related expenses and saw some investors lose the entirety of their invested funds. ASIC determined Karakatsanis is not of good fame or character, making him unsuitable to provide financial services. "Mr Karakatsanis's conduct falls far short of the high ...

ASIC permanently bans dishonest adviser

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
... examination. Howard's dishonest unauthorised use of $1.8 million from clients led to ASIC finding that he was not of good fame and character. ASIC commissioner John Price said: "ASIC will take action to remove persons from the financial services industry ...

Equititrust CEO remains permanently banned

KERRIE SYDEE  |  THURSDAY, 20 OCT 2016
... (EPF). An ASIC delegate found that while director of Equititrust, McIvor broke financial services law and was not of good fame or character to provide financial services. His conduct involved breaches of financial services legislation that were considered ...