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Showing 691 - 700 of 833 results for "Corporations Act"

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 ...

Advice already in client's best interest: FPA

ALEX DUNNIN  |  MONDAY, 12 MAR 2007
... be disclosed, said Financial Planning Association (FPA) chief executive officer Jo-Anne Bloch. "Firstly, the Corporations Act already requires financial planners to give advice which is appropriate to clients' needs. Second, financial planners have a ...

End for scheme scamming Greek community

HAMISH MADDEN  |  FRIDAY, 2 FEB 2007
... businesses, Mark Hughes of Newcastle, George Angelopoulos and Helen Gougas, both of Melbourne, had breached the Corporations Act in operating an unregistered business, carrying on a financial services business and providing financial services without ...

Family banned by ASIC and AFSL revoked

HAMISH MADDEN  |  MONDAY, 13 NOV 2006
... providing financial advice unsupervised and signing another adviser's name on statements of advice, breaching the Corporations Act. ASIC's deputy executive director of enforcement, Allen Turton, said incomplete disclosure or information on statements ...