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Showing 531 - 540 of 6692 results for "securities"

ASIC permanently bans David Sutton

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
... corporations for five years. The regulator also cancelled the Australian financial services licence (AFSL) of McFaddens Securities, now known by its previous name APC Securities. ASIC's doubts surfaced following Sutton's conduct in making offers of investment ...

Mercer appoints three new directors

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
... non-executive directors to its fiduciary boards, bringing experience at the likes of J.P. Morgan and Sunsuper. Former APP Securities chief executive Sangeeta Venketasan and State Super senior investment counsel David Hartley have joined the Mercer Investments ...

AUSTRAC drops action after Bell FG audit

CASSANDRA BALDINI  |  FRIDAY, 30 JUN 2023
... audit of its financial crime law compliance. Last February, AUSTRAC ordered an external auditor assess Bell Potter Securities, Bell Potter Capital and Third Party Platform regarding the entities' compliance with anti-money laundering laws. At the ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
The BlackRock ETF filing with the Securities and Exchange Commission (SEC) has been touted by Magnet Capital co-founder Egor Sidelska as the most significant institutional event in Bitcoin history. Sidelska said the BlackRock ETF filing is a definitive ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... financial misconduct access to redress and compensation. The CSLR covers personal financial advice, credit intermediation, securities dealing and/or credit. It enables consumers who have an unpaid determination from the Australian Financial Complaints ...

Morrison Securities pays infringement over DTRs

CHLOE WALKER  |  THURSDAY, 22 JUN 2023
Morrison Securities (Morrison) has paid a penalty of $333,000 to comply with an infringement notice given by the Markets Disciplinary Panel (MDP). According to the MDP, Morrison contravened the ASIC Market Integrity Rules on six occasions between October ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... Pacific. Of these, nine have been sold off. Only Westpac Pacific remains, after an unsuccessful attempt to sell it to Kina Securities; a deal rejected by the Papua New Guinea regulator. Throughout this period, Westpac continued to invest in its platforms ...

Advance Asset Management ceases direct distribution

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... question were the Advance Balanced Multi-Blend Fund, Advance International Shares Multi-Blend Fund, and Advance Property Securities Multi-Blend Fund. Together, they hold about $4.2 billion in assets. The orders were issued in March, before the business ...

Aussie small caps, property funds in the red

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2023
... double-digit returns, including Atlas' High Income Property Fund (-13.1% p.a.), UBS CBRE's Global Property Securities Fund (-18.2% p.a.), Charter Hall's Maxim Property Securities Fund (-15.7% p.a.) and Ironbark's Paladin Property Securities ...

ASIC flags AI regulation remit

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
ASIC flagged it will take a formidable role in regulating how artificial intelligence will impact the securities and corporate sectors. ASIC chair Joe Longo unveiled much of the regulator's agenda in the short term, with AI taking up a "high and important ...