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Showing 671 - 680 of 816 results for "Corporations Act"

ASIC investigates Opes Prime

MICHAEL HOBBS  |  FRIDAY, 28 MAR 2008
... which will work with the Australian Securities Exchange (ASX) and receivers, to investigate any breaches of the Corporations Act by the firm. The regulator confirmed Opes Prime had been suspended as a trading, settlement and clearing participant of the ...

Super promoter faces trial

RUTH LIEW  |  TUESDAY, 19 FEB 2008
... for Self Managed Capital Australia (SMCA) from 21 superannuants. He was also committed on one count under the Corporations Act of operating an unregistered managed investment scheme. Formerly a director of Comcash Australasia Pty Ltd, Sharland was involved ...

ASIC charges Fundamental adviser

MICHAEL HOBBS  |  THURSDAY, 31 JAN 2008
... offences including dishonesty and providing investors with false information. Braun faces six charges under the Corporations Act for acting dishonestly while an employee at Fundamental Group and supplying false and misleading information to six investors ...

Market Wrap - Midday

AAP  |  THURSDAY, 15 NOV 2007
... target Alcan Inc, by exercising its rights under the compulsory acquisition provisions of the Canada Business Corporations Act. At 1214 AEDT, the big oil stocks were mixed. Santos had added 21 cents to $13.47 and Oil Search had increased 18 cents to ...

Directors face prison term for lack of disclosure

MICHAEL HOBBS  |  MONDAY, 22 OCT 2007
... Mining Company, following an Australian Securities and Investments Commission (ASIC) investigation. Under the Corporations Act, both directors were found to have controlled shares using offshore entities, provided misleading information to ASIC, and ...

Property developer gets two years jail

CHRIS NICHOLLS  |  TUESDAY, 11 SEP 2007
... control. ASIC previously banned Sage from providing financial services for six years under Section 920A of the Corporations Act in August 2005, which means he is banned from working in the financial services industry until August 2011.

Citigroup not guilty of insider trading

HAMISH MADDEN  |  FRIDAY, 29 JUN 2007
... Citigroup did not engage in insider trading and did not contravene the conflict of interest provisions of the Corporations Act. ASIC alleged that Citigroup had acted illegally in its trading of Patrick and Toll shares and had breached conflict of interest ...

Govt push for reforms in $221.4b legacy products sector

... law be changed to provide tax neutrality where product rationalisation has been undertaken and changes to the Corporations Act that will allow financial product providers to close a product or part of the product and move their clients to the non-legacy ...

Investors will be compensated for dud advice: Pearce

ALEX DUNNIN  |  MONDAY, 21 MAY 2007
... been given and the retail client loses money as a consequence. The regulation complements section 912B of the Corporations Act 2001. It takes effect on 1 July following extensive industry consultations and feedback.

ASIC and Citigroup lock horns on insider trading

... Citigroup to declare that it breached both the 'conflicts of interest' and 'insider trading' provisions of the Corporations Act (the Act). The regulator also wants injunctions restraining Citigroup from engaging in similar breaches and fines paid for ...