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| | | ... statement. ASIC said it has two primary concerns with the outage: why new orders received on November 16 after the outage were not directed to alternative venues such as Chi-X, and that some market participants did not have business continuity plans ... |
| | | | ... imprisonment of Mr Hacker, sends a strong message to other rogue advisers and the community that illegal acts of this nature will not be tolerated." |
| | | | ASIC has commenced proceedings, seeking a civil penalty against La Trobe Financial, but the latter plans to fight the claims. The regulator has taken issue with La Trobe Financial's 90 Day Notice Account and Classic 48 Hour Account. The two funds ... |
| | | | A national advice firm has merged with a Victoria-based firm as part of a growth push. Apt Wealth Partners has announced it has merged with Unified Financial Services, led by Michelle Tate-Lovery, as part of its growth strategy. Apt Wealth Partners ... |
| | | | ... Australians," De Gori added. In a LinkedIn post, Hume said she was honoured to be asked to take on the expanded role to focus not only on fintech but on "Australia's thriving digital economy". |
| | | | ... resubmitting data to present their funds in "a more favourable light". "These kinds of games indicate poor leadership, are not indicative of a mindset that is genuinely seeking the best outcomes for members and certainly won't get those trustees ... |
| | | | ... calling and seminars," the regulator said. "ASIC is concerned because consumers unknowingly receiving unlicensed advice do not have the same protections afforded to them under the law when they receive advice from licensed providers." |
| | | | ... practices," Macdonald said. "We knew there were about 250-300 firms they gave notice to that they were terminating, so it's not a surprise that they would be the biggest. There was another smaller group that were allowed to go and join other licensees." ... |
| | | | ... constitute a major downside risk". This compares with the MYEFO's, "Recent trade actions affecting Australia's exports have not yet had a material impact on the forecast economic recovery, despite significant impacts on specific firms and regions. ... |
| | | | ... investments for a crisis, may find this period very uncomfortable. However, I want to say today, that discomfort is no excuse to not release members' money - their own money - in a time of need," Hume said. 7. Aussie ETF investors got oil bets wrong ... |
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