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Showing 561 - 570 of 1464 results for "Investments Commission"

Merrill Lynch to pay $120k over compliance infringement

JAMES FERNYHOUGH  |  MONDAY, 3 JUN 2013
... with an infringement notice issued by the Markets Disciplinary Panel (MDP). The Australian Securities and Investments Commission (ASIC) said Merrill Lynch had failed to put in place "organisational and technical resources for its system for the automated ...

AFS goes into liquidation

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
... Services (AFS) Group has been placed into voluntary liquidation, according to the Australian Securities and Investments Commission (ASIC). The resolution to wind up the company was made yesterday by creditors. At the same time AFS Group's administrators ...

Wellington Capital to take PIF case to High Court

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
... overturns an early decision of the same court, which dismissed an application by the Australian Securities and Investments Commission (ASIC). ASIC started legal proceedings in September 2012, after Wellington announced that ARL had acquired $90.75 million ...

TASA now likely to include advisers by July 2013

LAURA MILLAN  |  THURSDAY, 30 MAY 2013
... agents and register with the Tax Practitioners Board (TPB), according to the Australian Securities and Investments Commission (ASIC). Financial advice firms are currently exempted from the taxation agent services regime and the exemption is due to end ...

Former boutique firm analyst pleads guilty to insider trading

ALICE URIBE  |  THURSDAY, 30 MAY 2013
... & Company (LCC) has pleaded guilty to an insider trading charge following an Australian Securities and Investments Commission (ASIC) investigation. The charge against Jonathan Jin Yi Ang, 25, of St Leonards, NSW, relates to inside information concerning ...

ASIC appeals Macquarie's Storm settlement

MARK SMITH  |  MONDAY, 27 MAY 2013
The Australian Securities and Investments Commission (ASIC) has appealed against the Federal Court's decision to approve a settlement between the former clients of Storm Financial and Macquarie Bank. The settlement follows a class action brought against ...

Retirees could benefit from a vibrant annuities market

JAMES FERNYHOUGH  |  FRIDAY, 24 MAY 2013
... ability of financial advisers to communicate risk. Currently funds cannot, under Australian Securities and Investments Commission (ASIC) regulations, communicate to members the pension they will be getting. They have to communicate lump sums," he said. ...

ASIC to accept submissions for 'hedge fund' definition

LAURA MILLAN  |  THURSDAY, 23 MAY 2013
The Australian Securities and Investments Commission (ASIC) will consider submissions from the industry in order to refine the definition of 'hedge fund'. The announcement follows concerns over the current definition of 'hedge fund' and affects a number ...

ASIC takes aim at charitable investment funds

JAMES FERNYHOUGH  |  TUESDAY, 21 MAY 2013
The Australian Securities and Investments Commission (ASIC) has released a consultation paper proposing changes to existing exemptions for charities that raise investment funds. The proposed changes will affect approximately 200 charitable investment ...

MoneySmart list of unlicensed companies approaches 700

MARK SMITH  |  FRIDAY, 17 MAY 2013
The number of unlicensed companies listed on the Australian Securities and Investments Commission (ASIC)'s online financial literacy website, MoneySmart, has grown to 696. China Environment Group Limited (CEG), based in the British Virgin Islands, has ...