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Showing 491 - 500 of 2477 results for "Deputy"

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
... know that funds seek to attract members with promises their investments will not be exposed to certain industries," ASIC deputy chair Sarah Court said. "When making these claims super funds must have evidence to back their claims and ensure they are ...

ASIC sues debt management firm, director

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
... engaged in a system of conduct or pattern of behaviour which was, in all the circumstances, unconscionable, it said. ASIC deputy chair Sarah Court said the corporate regulator is "deeply concerned" by the impact on customers in this matter. "To have ...

Lonsec appoints new investments leadership

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
... chief investment officer and executive director of its investment solutions division, while Deanne Baker will serve as deputy chief investment officer. Previously, Lim served at Morgan Stanley Private Wealth Management Asia for seven years as its co-head ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... Advisers Act of 1940 and with failing to reasonably supervise with a view to preventing and detecting those violations." SEC deputy director of enforcement Sanjay Wadhwa commented that recordkeeping failures such as these undermine the SEC's ability ...

ASIC looking to send message with eToro action

CASSANDRA BALDINI  |  WEDNESDAY, 9 AUG 2023
... importance of the design and distribution obligations (DDO). During her introductory speech at the General Counsel Summit, ASIC deputy chair Sarah Court said if the regulatory body achieves a favourable outcome in the ongoing proceedings, it will send ...

Mayfair 101 accuses ASIC of "suspicious" conduct over FOIs

JAMIE WILLIAMSON  |  FRIDAY, 4 AUG 2023
... unreasonably divert the resources of ASIC". Among them, Mayfair wants access to encrypted messaged exchanged between ASIC deputy chair Karen Chester and Bronte Capital founder John Hempton. Investigations by The Australian recently found it was an email ...

ASIC takes Dixon Advisory director to court

KARREN VERGARA  |  FRIDAY, 4 AUG 2023
... by advising clients to invest or retain interests in the troubled URF fund. Commenting on the latest in the saga, ASIC deputy chair Sarah Court said directors have responsibilities under the law to act in the best interests of their company, and this ...

ACCC slams door on ANZ, Suncorp deal

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... loans nationally, small to medium enterprise banking in Queensland, and agribusiness banking in Queensland," said ACCC deputy chair Mick Keogh. "These banking markets are critical for many homeowners and for Queensland businesses and farmers in particular. ...

eToro sued by ASIC

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... screening test was wholly inadequate to assess whether a retail client was likely to be within the target market. ASIC deputy chair Sarah Court commented: "ASIC is concerned eToro's screening test inappropriately exposed clients to the CFD product. ...

Mayfair 101 calls for senate inquiry into ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 2 AUG 2023
... email from John Hempton, founder and chief investment officer of hedge fund Bronte Capital, that was sent directly to ASIC deputy chair Karen Chester may have been what triggered the regulator's investigation. Chester and Hempton previously worked ...