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Showing 51 - 60 of 131 results for "Australian Securities and Investment Commission"

Customers accuse NAB of "predatory lending" in Senate inquiry

LAURA MILLAN  |  FRIDAY, 8 NOV 2013
The National Australia Bank (NAB) does not intend to make a submission to the Senate inquiry into the performance of the Australian Securities and Investment Commissions (ASIC) despite customer submissions accusing the bank of "predatory lending." A ...

Problem is weak credit law, not us: ASIC

LAURA MILLAN  |  FRIDAY, 25 OCT 2013
The Australian Securities and Investment Commission (ASIC) claimed that it had limited jurisdiction over the credit industry in its final submission to the Senate inquiry. In its final submission, ASIC focused on the reforms to the credit industry and ...

ASIC's SMSF report being misread

ALEX DUNNIN  |  THURSDAY, 19 SEP 2013
A report commissioned by the Australian Securities and Investment Commission (ASIC) into the cost of self-managed superannuation funds (SMSF) has been misinterpreted. The report, 'Cost of Operating SMSFs', which was prepared by Rice Warner Actuaries ...

Wickham Securities chairman banned for two years

LAURA MILLAN  |  WEDNESDAY, 4 SEP 2013
... Securities has been banned from financial services for two years and seven months. The Australian Securities and Investment Commission (ASIC) has banned Bradley Thomas Sherwin after he declared himself bankrupt. ASIC is still investigating Sherwin and ...

Gunns chairman avoids jail for insider trading

MARK SMITH  |  FRIDAY, 23 AUG 2013
... ought to have known the information was inside information, not that he knew. Australian Securities and Investment Commission (ASIC) commissioner Cathie Armour said the conviction was a reminder the regulator was committed to combating the serious criminal ...

Gunns chair pleads guilty to insider trading

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
... Labor MP Jim Cox with $110,000 to cross the floor of parliament. Since 2009, the Australian Securities and Investment Commission (ASIC) has prosecuted 28 insider trading actions. Of those, 19 have been successfully prosecuted (including three guilty ...

ASIC urged to extend 'wet signatures' exemption

MARK SMITH  |  WEDNESDAY, 3 JUL 2013
The Australian Securities and Investment Commission (ASIC) should consider extending its relief of the need for 'wet signatures' on product disclosure statements (PDS) for the ASX Managed Funds Service (AMFS) to the wider industry to increase access ...

ACR files claim against The Trust Company

LAURA MILLAN  |  WEDNESDAY, 29 MAY 2013
... In 2012, the former directors of the company were given prison sentences after Australian Securities and Investment Commission (ASIC) charged them for false or misleading statements in the company's accounts and a prospectus.

Two Storm victims to receive $1.1m in compensation

MARK SMITH  |  WEDNESDAY, 29 MAY 2013
... investors Barry and Deanna Doyle. The figure was calculated by independent experts and Australian Securities and Investment Commission (ASIC) under the compensation model the regulator developed in connection with the Storm Financial case. A three-week ...

Former Bell Potter adviser sentenced to 5 years jail

LAURA MILLAN  |  THURSDAY, 23 MAY 2013
... conduct that cost investors more than $1.6 million. The sentence comes after an Australian Securities and Investment Commission (ASIC) investigation found that Glen Russell Evans of Leichhardt, NSW, failed to invest the money as agreed with his clients ...