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Showing 681 - 690 of 4129 results for "Conduct"

Sales-oriented fear stunts expansion goals: Survey

KARREN VERGARA  |  FRIDAY, 12 MAY 2023
New research reveals that the fear of being pushy or appearing to be "salesy" is deterring financial advisers from proactively expanding their client base and increasing their assets under advice. About 43% of the 158 financial advisers based in the ...

Courtenay House affiliate faces prison

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... later, Iervasi pleaded guilty to five criminal charges related to the scheme and four offences of engaging in dishonest conduct between December 2010 and April 2017. In total, Iervasi tricked 585 investors out of $180 million. According to ASIC, Papoulias ...

SEC charges duo over church-based fraud

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
... as violations of registration provisions under the Securities Act. The SEC is seeking permanent injunctions, including conduct-based injunctions, disgorgement with prejudgment interest, civil penalties, and officer and director bans. At the same time ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
Assistant treasurer and minister for financial services Stephen Jones said that without a sustainable finance taxonomy, regulators will only be able to catch the "most egregious" examples of greenwashing in Australia. Speaking at the Australian Council ...

FCA simplifies listing rules to attract global companies

ANDREW MCKEAN  |  WEDNESDAY, 3 MAY 2023
The Financial Conduct Authority (FCA) has proposed reforms to simplify listing rules, positioning the UK to attract a wider range of companies. The FCA wants to make the UK's listing regime more effective, easier to understand, and competitive, ultimately ...

Ord Minnett cops $888k fine over buyback

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2023
ASIC's Market Disciplinary Panel handed Ord Minnett an $888,000 infringement notice over two contraventions of market integrity rules which occurred when conducting a buyback. According to ASIC, on 1 September 2021 the firm was instructed to commence ...

Adopt QAR recommendations now: Levy

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... Levy said if the recommendations need some refinement, it is better that happens "afterwards." "If there is some poor conduct, ASIC has all the powers and tools it needs to put a quick stop to it," she said. "In the meantime, the recommendations will ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
The recent collapses of local financial advice startups Creativemass and TIQK indicate that the freewheeling days of venture capital funding is drawing to an end. Creativemass, a financial services software provider used by the likes of AMP and Bombora ...

Skynet fraudster terminated by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
... Services Partners, a former Insignia Financial - then IOOF - licensee which was shut down in 2021. ASIC found Nugara's conduct was "deliberate, repeated and extended over several years", and that Nugara did not respond to any of its concerns. Nugara ...

Former adviser jailed for six years

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... debts. Appearing before the Maroochydore District Court, former adviser Brett Gordon faced nine counts of fraud relating to conduct between 2015 and 2018 when he was director of advice practice Refocus Financial Group. During that time, Gordon withdrew ...