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Showing 591 - 600 of 903 results for "Banned"

Brisbane adviser pleads guilty to $9 million fraud

LAURA MILLAN  |  FRIDAY, 28 NOV 2014
... Brisbane-based financial adviser has pleaded guilty to 54 charges involving a $9 million fraud. Thanh Quoc Tu was permanently banned from financial services in July 2014 and the charges he now faces could carry a maximum penalty of up to 12 years in ...

Adviser jailed for two years over $1.5M fraud

LAURA MILLAN  |  MONDAY, 24 NOV 2014
... margin lending account. ASIC started an investigation into King's conduct between late-2007 and early-2008 and permanently banned him from financial services in May 2011.

Prosecution drops charges against Storm adviser

LAURA MILLAN  |  MONDAY, 17 NOV 2014
... reassessment of the evidence and that "other developments" led the prosecutor to withdraw the charge. In November 2012, ASIC banned Fullerton-Smith for life from the financial services industry after it found he had engaged in misleading and deceptive ...

Unlicensed Torquay adviser gets 7 year ban

LAURA MILLAN  |  MONDAY, 17 NOV 2014
Torquay-based director and sole employee of Shore Capital Scott Logan has been banned for providing financial services for seven years. An investigation by the Australian Securities and Investments Commission (ASIC) found that between April 2011 and ...

Astarra director banned, loses AAT appeal

LAURA MILLAN  |  MONDAY, 3 NOV 2014
... groups caught up in the collapse of Trio Capital. ASIC's investigation into the collapse saw more than 11 people jailed, banned from providing financial services, disqualified from managing companies or removed from the financial services industry.

ISA proposes new restrictions on retail super

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
Retail funds should be banned from providing default super to employers who bank with them, according to Industry Super Australia (ISA) chief executive David Whiteley. He also argued they should also be banned from paying shareholder dividends until ...

Ratings downgrade to trigger hybrid sell-off

MARK SMITH  |  THURSDAY, 25 SEP 2014
... equity hybrids, including the recent $2.6bn CBA hybrid PERLS VII. The UK's financial services watchdog, the FCA recently banned the issue of CoCos to retail investors while the EU equivalent, the EMA, has flagged it is likely to follow. "By contrast ...

ASIC bans person who made false Facebook investment claims

JAMES FERNYHOUGH  |  THURSDAY, 25 SEP 2014
A person from a Sydney-based investment business has been banned from providing financial services after he persuaded investors to invest money with him on the false grounds that he had access to an exclusive deal involving the Facebook initial public ...

ASIC bans former Synchron adviser

STAFF WRITER  |  TUESDAY, 23 SEP 2014
The Australian Securities and Investments Commission (ASIC) has banned a former Synchron financial adviser from providing financial services for five years for failing to provide Statements of Advice (SOAs). Michael Richard Irwin, a Rockhampton-based ...

US/EU v Russia's lose-lose is China's win-win

BENJAMIN ONG  |  FRIDAY, 8 AUG 2014
... punks make my day!" It's already reaping the weeping of US/EU food exporters. As per the wantchinatimes.com, "Russia has banned the import of fruit and vegetables from Poland and is seeking to find Chinese partners to fill the gap, according to Shanghai's ...