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Showing 671 - 680 of 5219 results for "2015-16 ASIC"

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
ASIC has released a consultation paper on proposed rules to facilitate competitive outcomes in cash equity clearing and settlement (CS) services provided by the ASX Group. The corporate regulator's release of the consultation paper marks the first exercise ...

Trend among young Aussies highlights need for affordable advice

ELIZA BAVIN  |  MONDAY, 29 JUL 2024
The Association of Superannuation Funds of Australia (ASFA) has released new research highlighting that young Australians are increasingly relying on social media for financial advice. ASFA said a major concern with this trend is the growing risk of ...

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
ASIC's annual insolvency data shows more than 11,000 companies entered external administration for the first time last financial year. While the figure is higher than previous peaks in 2011-12 and 2012-13, ASIC clarified that there are more businesses ...

IPO conversations 'sparking interest': Barrenjoey

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
... trading in two weeks. It's longer here. We should examine that and things we can change and do better. That would help." ASIC chair Joe Longo said the regulator is very engaged with market participants, including the ASX, hedge funds, key players, and ...

Build Your Wealth adviser cops ban

KARREN VERGARA  |  FRIDAY, 26 JUL 2024
... particularly when it came to informing clients about the risks associated with investing in the Storehouse Residential Trust. ASIC determined that conflicts of interest existed between Luff's business and Storehouse - the investment manager of the ...

ANZ staff axed over treasury bond scandal

ELIZA BAVIN  |  THURSDAY, 25 JUL 2024
ANZ has provided an update on its investigations into its Australian Markets business in relation to a 2023 bond transaction. ANZ chief executive Shayne Elliott said the bank had been working with the Australian Securities and Investments Commission ...

ASIC to launch new criminal investigation team

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... Australian Securities and Investments Commission (ASIC) has released its final report on equity market integrity in Australia. ASIC said it will be establishing a dedicated criminal investigation team to swiftly progress insider trading investigations ...

Advisers shun major institutions, 500 exit: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
Financial advisers continue to ditch major institutions as more than 500 left in the year to June, Rainmaker analysis shows. Major institutions lost 8.8% of their advisers, with 513 exiting over the 12 months to end up with 5361 at the end of the period. ...

Charges brought against ASX pump and dump group

JAMIE WILLIAMSON  |  TUESDAY, 23 JUL 2024
... prices before selling them. They were referred to the Commonwealth Director of Public Prosecutions by ASIC in December 2022. ASIC alleges they formed a private group on messaging service Telegram to discuss and select penny stocks that they would then ...

ASIC hits Melbourne adviser with travel ban

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
... outside Australia. The orders were sought as part of ASIC's investigation into King and the King Financial Group of companies. ASIC is currently investigating King for alleged financial misconduct in a network of companies and related trusts. ASIC applied ...