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Showing 571 - 580 of 808 results for "Corporations Act"

New rules for HFT trading

BEN COLLINS  |  WEDNESDAY, 21 NOV 2012
... licensing regime is "generally fit for purpose," said Shorten's office in a statement. This is to ensure that the Corporations Act is appropriate for ASIC to supervise and regulate both the more traditional public exchanges and more recent developments ...

ASIC consults on code approval under FOFA

LINDA HAUSKEN  |  WEDNESDAY, 24 OCT 2012
... facilitative approach to the implementation of the reforms. Australia's corporate regulator has existing power under the Corporations Act to approve codes of conduct, with Regulatory Guide 183 (RG 183), setting out its minimum expectations in this area. ...

ASIC cancel advice firm's AFS licence

LINDA HAUSKEN  |  MONDAY, 22 OCT 2012
... clients with self-managed super funds or similar investments and income protection and life insurance policies. The Corporations Act allows ASIC to suspend or cancel an Australian financial services licence held by a corporate body if the body, among ...

Barclays cops $80,000 fine

LINDA HAUSKEN  |  TUESDAY, 16 OCT 2012
Barclays Bank has been fined by ASIC for breaching the corporations Act and withdrawing $13.8 million of client segregated accounts money without authorisation. The corporate watch dog yesterday confirmed that Barclays had paid an infringement penalty ...

ASIC civil case a dead duck: Storm founders

MELANIE TIMBRELL  |  THURSDAY, 20 SEP 2012
... director duties. ASIC launched the civil action against the pair in 2010 alleging breach of duties under the Corporations Act by providing a one-size-fits-all financial advice service that did not appropriately differentiate between clients' individual ...

Denison: Adviser's action crucial to investment success

LINDA HAUSKEN  |  WEDNESDAY, 12 SEP 2012
... with the recent move by 360 to change the constitution of the fund, which has been ruled as in breach of the Corporations Act. "Many investors said the information sent by 360 was confusing. In particular, the proxy voting form is ambiguous in terms ...

Harsh ASIC ban on Seagrim slashed

BEN COLLINS  |  FRIDAY, 7 SEP 2012
... corporate watchdog down to just six months, from 27 June 2011 to December 2011. It was found that their breach of the Corporations Act did not constitute serious misconduct. ASIC took action against the Seagrims after - in their capacity as sole directors ...

Lion Adv cancelled/Hickie banned

LINDA HAUSKEN  |  FRIDAY, 17 AUG 2012
... breached numerous financial reporting and other obligations of a financial services licensee in contravention of the Corporations Act. Lion Advantage also failed to have adequate professional indemnity (PI) insurance in place, lodge audited financial ...

ASIC issues crowd funding guidance

LINDA HAUSKEN  |  WEDNESDAY, 15 AUG 2012
... Commission has issued guidance to promoters of 'crowd funding' to clarify arrangements that may be regulated under the Corporations Act and the ASIC Act. Crowd funding involves the use of the internet and social media to raise funds in support of a specific ...

Family office tech suitability highlighted

MELANIE TIMBRELL  |  WEDNESDAY, 25 JUL 2012
... these are constructed as registered management investment schemes - making them subject to the provisions of the Corporations Act 2001 (Cth) and its associate regulations. "This means that the financial products issued under this Act will be subject ...