Search Results | Showing 51 - 60 of 610 results for %22High Court%22 |
| | | ... A particular financial firm was found negligent in its responsibility to evaluate a client's aptitude for trading in high-risk investment products like contracts for difference (CFDs). The firm lacked appropriate processes to ensure that only proficient ... |
| | | | ... confidence. Robo-advisers are well aware of the risks of "treading into personal advice territory, particularly after the High Court ruling in the Westpac case on general advice". While the Quality of Advice Review is expected to solve the issue of blurred ... |
| | | | ... provide a remedy and recover these losses for retail investors who should never have been exposed to trading in such complex, high-risk products." CFDs are banned in some countries, including the US, while ASIC placed strict conditions on them to stem ... |
| | | | ... 2022, the government introduced legislation aimed at ensuring no veteran pays higher income taxes as a result of the Federal Court decision in Commissioner of Taxation v Douglas (Douglas decision). The Douglas decision found that certain veterans' ... |
| | | | ... to lift their game." ASIC said it prioritised the review following fears investors were being inappropriately exposed to high-risk products. The key target market deficiencies ASIC identified across investment product issuers include, target markets ... |
| | | | ... good behaviour bond. The HotCopper trader also copped a $42,840 fine after pleading guilty yesterday in Melbourne County Court to 23 charges of manipulation of ASX-listed shares and 19 charges of illegal dissemination of information relating to the offence. ... |
| | | | Mayfair 101's James Mawhinney has seen his High Court appeal rejected, allowing ASIC's case against him to be retried in the Federal Court. In October 2022, the Full Federal Court ordered a retrial after it found ASIC's original case against Mawhinney ... |
| | | | ... was used by around five million students at over 6000 colleges and universities in the US. It also had backing from some high-profile investors, including the co-founder and chief executive of Apollo Global Management. However, JPMorgan filed to sue ... |
| | | | ... committed to transparency and cooperating with regulators and law enforcement. "While we are not perfect, we hold ourselves to a high standard, often higher than what existing regulations require. And above all, we believe in doing the right thing by ... |
| | | | ... those funds according to their instructions. Kamkolkar told the four investors that the proposed investments were "not as high risk" or were "capital guaranteed", and falsely represented that he had invested the funds and that the investments were earning ... |
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