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Showing 31 - 40 of 57 results for "market integrity rules"

UBS fined for careless conduct

DARREN SNYDER  |  WEDNESDAY, 21 NOV 2018
ASIC's Markets Disciplinary Panel confirmed UBS Securities paid a $120,000 fine for breaching market integrity rules over a series of trades on the ASX in 2017. The Markets Disciplinary Panel issued the infringement notice for transactions in relation ...

Treasury rolls out ASIC industry funding fee paper

ALEX BURKE  |  FRIDAY, 24 NOV 2017
... compliance reviews, licence applications or variations, applications for registration, requests for changes to market integrity rules or procedures and applications for relief. Fees associated with updating an ASIC registry database will not be included ...

Penalty issued for ASX rules breach

JAMIE WILLIAMSON  |  THURSDAY, 16 NOV 2017
... Financial Group, has been ordered by ASIC's Markets Disciplinary Panel to pay the fine for breaching the ASX Market Integrity Rules. The MDP found that in July 2015 Bell Potter, acting on its own behalf, placed bids on shares in DirectMoney, the $11 ...

ASIC bans ex-AMP adviser

KARREN VERGARA  |  TUESDAY, 27 JUN 2017
... although not itself objectionable - had created a "more fertile environment for a possible breach" of the market integrity rules. The regulator added Macquarie's conduct was "reckless" for permitting to trade for 39 days, given a market participant in ...

CommSec pays $200,000 penalty

KERRIE SYDEE  |  WEDNESDAY, 16 NOV 2016
... broke subsection 798H(1) of the Corporations Act by reason of breaking rules 2.1.3 and 3.3.1 of the ASIC Market Integrity Rules 2010. On 25 March 2014, CommSec received formal notice of the death of one of its clients who held an equities account and ...

Morgan Stanley pays $123,750 penalty

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
... 798H(1) of the Corporations Act by breaking a number of account reconciliation rules in Part 2.3 of the ASIC Market Integrity Rules 2011 relating to client monies. From evidence presented to the MDP it was satisfied that Morgan Stanley had contravened ...

ASIC changes market rules for Chi-X ETFs

ALEX BURKE  |  FRIDAY, 30 OCT 2015
ASIC has published changes to its market integrity rules for exchange-traded funds admitted to Chi-X Australia. Chi-X intends to launch its ETF market in Australia in 2016, following a consultation paper released in February 2015. ASIC said it "consulted ...

Merrill Lynch Equities Australia handed $96,000 fine

MARK SMITH  |  FRIDAY, 12 SEP 2014
... client on 28 February 2012. The regulator said the company had contravened Rules 5.6.1 and 5.9.1 of the ASIC Market Integrity Rules. ASIC said the breaches were of a serious nature and had the potential to undermine confidence in the market, though it ...

Study shows dark pools benefit markets at low volumes

MARK SMITH  |  WEDNESDAY, 14 AUG 2013
... Investments Commission (ASIC) that dark pools and high frequency traders would be subject to more stringent market integrity rules, aimed at improving transparency and deterring market manipulation. Dark trading in Australia was reported by ASIC to be ...

ASIC brandishes whip on dark liquidity and HFT

JAMES FERNYHOUGH  |  TUESDAY, 13 AUG 2013
... subject to new regulation after the Australian Securities and Investments Commission (ASIC) announced its new market integrity rules. ASIC Commissioner Cathie Armour said the new rules will improve the transparency and integrity of crossing systems and ...