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Showing 51 - 60 of 60 results for "ASIC Act 2001"

AIST alerts regulator on misleading campaign against super

MICHELLE BALTAZAR  |  FRIDAY, 18 JUN 2010
Superannuation body AIST rejects ad campaigns from mining groups claiming the proposed resources super profit tax (RSPT) will hurt retirement savings - and calls on ASIC to look into these "irresponsible" and "misleading" claims. AIST wants to alert ...

KPMG challenges ASIC on Constitutional powers

ASIC RELEASE  |  THURSDAY, 20 MAY 2010
KPMG is challenging the Australian Securities & Investments Commission (ASIC) regarding its case on behalf of Westpoint investors because it believes the regulator's case is unconstitutional. ASIC began action against KPMG on the basis that Section ...

Ex-director banned for 25 years

MEDIA RELEASE  |  MONDAY, 16 MAR 2009
Edwin Goulding, former director of the Sydney Investment House Group (SIH Group), was banned by the Supreme Court of New South Wales from managing corporations for 25 years. Following an investigation and proceedings commenced by the Australian Securities ...

ASIC bans Oxford Investments

MICHAEL HOBBS  |  WEDNESDAY, 2 JUL 2008
The Australian Securities & Investments Commission (ASIC), backed by the Federal Court of Australia, banned Tasmanian based Oxford Investments Tasmania and its sole director for advising on financial products for 10 years. As a result, the firm and ...

Lo-doc broker to pay client compensation: ASIC

Small-time mortgage brokers who think they may be too insignificant to catch the ire of the Australian Securities and Investments Commission (ASIC) should take heed after the regulatory watchdog took legal proceedings against a Canberra-based lo-doc ...

ASIC moves against misleading advertising

... advertising material are accurate." As part of the enforceable undertaking - under the consumer protection provisions of the ASIC Act - Mortgage Point will compensate customers who may have lost funds by relying on the mortgage broker's 'impartial advice'. ...

ASIC restricts wealth creation spruikers

The Melbourne Federal Court has ruled Giann & Giann trading as Break Free Investments (BFE) and its director Mr Jon Giannopoulos, and JTC Group made a number of false and misleading representations in contravention of the ASIC Act 2001 during the promotion ...

ASIC welcomes closer scrutiny on advertising guidelines

The Australian Securities and Investments Commission (ASIC) on Monday welcomed another step forward in the crackdown on misleading advertising in the financial services industry. The regulator said the release of guidelines by the Mortgage Industry ...

ASIC moves to restrain Aloe project financiers

The Australian Securities & Investments Commission (ASIC) has commenced proceedings in the Supreme Court of Queensland to restrain Export Growth Finance Pty Ltd (EGF) from pursuing demands issued to investors who invested in the Australian Aloe Ltd ...

FPA criticises ACCC PI report

The Financial Planning Association (FPA) has criticised the Australian Competition and Consumer Commission's (ACCC) Public Liability and Professional Indemnity Insurance Monitoring Report, saying it does not go far enough to highlight the professional ...
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