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Showing 31 - 40 of 408 results for "Justice"

BPS Financial fined $14m over Qoin Wallet

ANGELIQUE MINAS  |  WEDNESDAY, 28 JAN 2026
... on clear and correct statements, especially as crypto products can be highly volatile, inherently risky and complex." Justice Kylie Downes described the $2 million penalty for unlicensed conduct as a deterrent to BPS Financial and to the digital asset ...

Rodney Forrest handed prison sentence for $3m insider trading

ELIZA BAVIN  |  TUESDAY, 27 JAN 2026
... sentence of six years and a non-parole period of three years, Forrest will be eligible for parole on 22 January 2029. Justice Bromwich said the sentence also considered a further offence that Forrest provided unlicensed financial services as an investment ...

Bullock in 'full solidarity' with Powell

ELIZA BAVIN  |  WEDNESDAY, 14 JAN 2026
... around the world in showing support for US Federal Reserve (Fed) chair Jerome Powell. This week, the US Department of Justice served the Fed with grand jury subpoenas, threatening a criminal indictment over testimony Powell gave at the Senate Banking ...

Trump 'playing with fire' over Fed indictment threat

ELIZA BAVIN  |  TUESDAY, 13 JAN 2026
In an unprecedented move, the US Department of Justice served the US Federal Reserve (Fed) with grand jury subpoenas, threatening a criminal indictment over testimony Fed chair Jerome Powell gave at the Senate Banking Committee in June 2025. The testimony ...

RM Capital, SMSF Club to pay $925k over conflicted remuneration

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
... independent expert stating whether it has in place appropriate systems, policies and procedures to ensure compliance. Justice Jackson said: "I am conscious that RM Capital is a small organisation with limited resources. But in its capacity as an AFSL ...

ASIC accuses ALAMMC Group directors of contempt

MATTHEW WAI  |  FRIDAY, 28 NOV 2025
... Sarah Court said McWilliams and Fullarton's conduct are serious breaches to the court's order and undermine the justice system. "Breaching freezing orders and failing to disclose other interests impedes the efforts of ASIC, receivers and liquidators ...

APRA-regulated funds should not pay CSLR special levy: SMC

MATTHEW WAI  |  MONDAY, 24 NOV 2025
... handling, claiming it was "too slow" out of the gate and should take some responsibility for the scheme. "If there was any justice, part of the CSLR burden would be on ASIC and not the advisers who did nothing wrong. ASIC was too slow out of the gates. ...

Conaghan holds ASIC accountable for Shield, First Guardian mess

KARREN VERGARA  |  THURSDAY, 20 NOV 2025
... part. "But the biggest group that needs to answer for their failing, in my view, is ASIC," he warned. "If there was any justice, part of the CSLR burden would be on ASIC and not the advisers who did nothing wrong. ASIC was too slow out of the gates. ...

James Mawhinney launches another appeal

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
... 2020. The Court determined Mawhinney had a "cavalier attitude to compliance" and was "reckless" in operating his business. Justice Button said unless Mawhinney is restrained "there is an unacceptable risk" that he will re-enter the fray and conduct ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents or employees" from carrying on any business related to financial ...