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Showing 491 - 500 of 748 results for "Senate - 52"

CBA follows ASIC's lead in Senate submission

LAURA MILLAN  |  MONDAY, 18 NOV 2013
Commonwealth Bank (CBA) has followed the lead of the Australian Securities and Investments Commission (ASIC) and is asking for a detailed public register of financial advisers in a submission to the Senate inquiry on the regulator's performance. The ...

QE according to Yellen

BENJAMIN ONG  |  FRIDAY, 15 NOV 2013
"A man does what he can; a woman does what a man cannot." - Isabel Allende, InA(C)s of My Soul It's looking a lot like a happy Thanksgiving and a very merry Christmas, don't you think so Virginia? You, I and Irene have US Federal Reserve vice-chairman ...

Customers accuse NAB of "predatory lending" in Senate inquiry

LAURA MILLAN  |  FRIDAY, 8 NOV 2013
The National Australia Bank (NAB) does not intend to make a submission to the Senate inquiry into the performance of the Australian Securities and Investment Commissions (ASIC) despite customer submissions accusing the bank of "predatory lending." A ...

ASIC didn't take my claims seriously: whistleblower

LAURA MILLAN  |  THURSDAY, 7 NOV 2013
Whistleblower and business partner of now banned Lifestyle Trader director Aussie Rob has accused the Australian Securities and Investments Commission (ASIC) of not taking his claims seriously. In a submission to the Senate inquiry into the performance ...

ANZ praises ASIC "integrity" amid consumer complaints

LAURA MILLAN  |  WEDNESDAY, 6 NOV 2013
ANZ has praised the integrity of the Australian Securities and Investments Committee (ASIC) in its submission to the Senate inquiry into the regulator's performance, despite coming under fire from consumers. ANZ is the first large financial institution ...

ASIC asks for public adviser register to track "bad apples"

LAURA MILLAN  |  FRIDAY, 1 NOV 2013
The Australian Securities and Investments Commission (ASIC) has asked for a public register of financial advisers detailing licensee records so the regulator and investors can easily identify "bad apples." In a submission to the Senate inquiry about ...

Republicans vote that advisers have no best interest duty

ALEX DUNNIN  |  FRIDAY, 1 NOV 2013
In scenes reminiscent of Australia's looming political debate to wind back the adviser best interest duty, the Republican-dominated Congress in the US has voted for a bill that allows advisers to act without putting their clients' best interests first. ...

ASIC submits broad performance review to Senate inquiry

LAURA MILLAN  |  THURSDAY, 31 OCT 2013
The Australian Securities and Investments Commission (ASIC) has provided the Senate inquiry on the regulator's performance with an extensive document that broadly reviews its work. This is the third and largest ASIC submission to the Senate inquiry. ...

Law firm questions CBA compensation for Nguyen victims

LAURA MILLAN  |  WEDNESDAY, 30 OCT 2013
Law firm Maurice Blackburn has questioned Commonwealth Bank's compensation to clients affected by inappropriate advice within the bank's financial planning unit given by adviser Don Nguyen. In a submission to the Senate inquiry on the performance of ...

Problem is weak credit law, not us: ASIC

LAURA MILLAN  |  FRIDAY, 25 OCT 2013
The Australian Securities and Investment Commission (ASIC) claimed that it had limited jurisdiction over the credit industry in its final submission to the Senate inquiry. In its final submission, ASIC focused on the reforms to the credit industry and ...