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Showing 621 - 630 of 687 results for "Proceedings"

ASIC closes Risqy Forex scheme

RUTH LIEW  |  MONDAY, 3 MAR 2008
... Queensland who paid at least $14.5 million into an unregistered management investment scheme spurred ASIC to commence the proceedings. These investors believed that their money would be invested in foreign currency exchange trading and were promised ...

BlackRock fund treads allocation balance

RUTH LIEW  |  FRIDAY, 22 FEB 2008
... ahead of bonds, among others. But far from standing still, Blackrock confirms that it is keeping an eye on market proceedings and will make the necessary adjustments to their strategies to encompass market movements. According to BlackRock product specialist ...

ASIC to sue Westpoint

... followed the regulator's statement to the Federal Court yesterday that they have decided to take over the running of proceedings initiated by PriceWaterHouseCoopers (PwC), the liquidator of Ann Street Mezzanine Pty Ltd and York Street Mezzanine Pty Ltd ...

ASIC and Citigroup lock horns on insider trading

The Australian Securities and Investments Commission (ASIC) has filed civil penalty proceedings in the Federal Court against Citigroup Global Markets Australia in a landmark case on alleged insider trading activities. Back in August 2005, Citigroup ...

ASIC acts to shut down scheme owing nearly $8m

HAMISH MADDEN  |  MONDAY, 26 MAR 2007
The Australian Securities and Investments Commission (ASIC) has commenced proceedings against a managed investment scheme which owes investors roughly $7.87 million. ASIC has taken action in the Adelaide Supreme Court to have a managed investment scheme ...

Not on our watch: ASIC

... against illegal investment schemes, 90 per cent more civil orders against professional misconduct and enforcement proceedings against 352 companies, all in a year's work for the regulator. ASIC has released its 2005-2006 annual report called Working ...

Lo-doc broker to pay client compensation: ASIC

... Australian Securities and Investments Commission (ASIC) should take heed after the regulatory watchdog took legal proceedings against a Canberra-based lo-doc mortgage broker. ASIC has started proceedings against Canberra-based mortgage broker Tonadale ...

Keypoint joins Westpoint in court

The Federal Court has ordered that Keypoint Developments be joined to the proceedings by ASIC against Westpoint after it found the former was used to house $875,000 of Westpoint funds. In another development to the ongoing Westpoint saga, the Court ...

Another Westpoint collapse

HAMISH MADDEN  |  MONDAY, 24 APR 2006
The Australian Securities and Investments Commission (ASIC) announced that it has begun proceedings to wind up Cinema City Mezzanine Pty Ltd, part of the Westpoint group. ASIC is asking the Federal Court to appoint a liquidator to Cinema City Mezzanine ...

FPA begins Westpoint investigation

... the initial stages with interviews of clients underway. No timeline was given around when the disciplinary tribunal proceedings would begin. While the spokesperson confirmed that 23 written complaints had been received, the number of advisers under investigation ...