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Showing 571 - 580 of 903 results for "Banned"

Queensland director banned for two years

DARREN SNYDER  |  FRIDAY, 10 JUL 2015
The Australian Securities and Investments Commission (ASIC) has banned a Queensland company director from providing financial services for two years after failing to ensure the company complied as a Responsible Entity under the Corporations Act. Between ...

ASIC bans former risk adviser

ALEX BURKE  |  THURSDAY, 9 JUL 2015
ASIC has banned a life insurance adviser from former Macquarie Group subsidiary Risk Advice Specialists. Risk Advice Specialists, which described itself as "100% backed by Macquarie," was a boutique risk-focused dealer group established in 2012. It ...

ASIC bans Provident Capital director

STAFF WRITER  |  MONDAY, 6 JUL 2015
Former director of failed company Provident Capital has been banned from providing financial services for two years. The Australian Securities and Investments Commission (ASIC) found that John Patrick Sweeney failed to comply with financial services ...

ASIC reviews One Big Switch, bans adviser

DARREN SNYDER  |  TUESDAY, 30 JUN 2015
... further review of One Big Switch and report to ASIC by the end of September 2015. In a separate matter, ASIC has permanently banned a Brisbane financial adviser after finding he engaged in conduct "that was misleading or deceptive whilst issuing unsecured ...

Sherwin principal faces court for SMSF fraud

LAURA MILLAN  |  THURSDAY, 25 JUN 2015
... superannuation fund (SMSF) trustees to lose $10 million. Sherwin was also chairman of failed business Wickham Securities and was banned from financial services for two years in September 2013. The business director appeared in the Brisbane Magistrates ...

Ghost fund flogger banned

LAURA MILLAN  |  WEDNESDAY, 10 JUN 2015
A Queensland businessman has been banned from providing financial services for four years for promoting a fund that did not exist. Paul Duncan was the sole director of Active Capital Managers, which advertised on its website an Exalt Managed Futures ...

Banned for taking $4m from SMSFs

LAURA MILLAN  |  MONDAY, 1 JUN 2015
A Gold Coast businessman has been banned from the financial services industry for taking $4 million from self-managed super fund (SMSF) investors to fund his own real estate investments. The Federal Court in Brisbane banned Craig Gore permanently and ...

ASIC bans Macquarie representative

DARREN SNYDER  |  TUESDAY, 26 MAY 2015
The Australian Securities and Investments Commission (ASIC) recently banned a former Macquarie Entities representative from providing financial services for five years. The ban was given to Brett O'Malley of Sunshine Beach, Queensland, after he engaged ...

ASIC bans convicted fraud "mastermind"

ALEX BURKE  |  FRIDAY, 22 MAY 2015
ASIC has banned the Australian "mastermind" of the UK's biggest ever boiler room scheme from practising financial services. From 2003 to 2007, Jeffrey Revell-Reade made A£70 million selling equities in non-existent companies via brokers in Madrid to ...

ASIC bans convicted broker

MARK SMITH  |  WEDNESDAY, 20 MAY 2015
ASIC has banned a mortgage broker from engaging in credit activities and from providing financial services for 10 years following her conviction for loan fraud. In September 2014 and following an ASIC investigation, Shashi Kanta Prasad, also known as ...