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Showing 711 - 720 of 1464 results for "Investments Commission"

Adviser charged with fraud

ELISE BURGESS  |  THURSDAY, 10 NOV 2011
... attempted to defraud one of $120,000, over a five month period. It is alleged by the Australian Securities and Investments Commission (ASIC) that Hobson, when employed by Binma Pty Ltd trading as Noall & Co, misappropriated $307,000 and attempted to ...

ASIC: New regulations for responsible entities

ELISE BURGESS  |  TUESDAY, 8 NOV 2011
... Pro Forma 209 Australian financial services licence conditions (PF 209), the Australian Securities and Investments Commission (ASIC) stipulates that responsible entities (REs) must prepare 12-month cash-flow projections which must be approved at least ...

ASIC seeks interim orders against Equititrust

ELISE BURGESS  |  THURSDAY, 3 NOV 2011
... the regulator considers its actions after a suspected breach in licence. The Australian Securities and Investments Commission (ASIC) obtained the orders to preserve the status quo of two Equititrust schemes, the Equititrust Income Fund (EIF) and Equititrust ...

ASIC annual report highlights industry trends

ELISE BURGESS  |  MONDAY, 31 OCT 2011
... its results for the financial year. Over the last 12 months, up to June 30, the Australian Securities and Investments Commission (ASIC) approved 868 Australian financial services (AFS) licence applications for margin lending facilities financial product ...

AAT grants stay for AFSL cancellation decision

ELISE BURGESS  |  FRIDAY, 28 OCT 2011
... it would grant a stay for Melbourne-based Romad Financial Services after the Australian Securities and Investments Commission (ASIC) cancelled its Australian financial services licence (AFS licence) on October 19 for not complying with financial services ...

Opus Capital offers EU olive branch to ASIC

ELISE BURGESS  |  FRIDAY, 14 OCT 2011
... cancellation set aside by the Administrative Appeal Tribunal (AAT) before the Australian Securities and Investments Commission (ASIC) appealed that decision in the Federal Court of Australia. On August 31 this year, the Federal Court overturned the AAT's ...

Banned adviser faces jail term

ELISE BURGESS  |  TUESDAY, 27 SEP 2011
... South Australia, was banned from the industry in February this year after the Australian Securities and Investments Commission (ASIC) alleged he dishonestly arranged for clients' assets to be held as security for his personal margin loan facility. Carll ...

ASIC obtains Fed Court order to preserve funds

ELISE BURGESS  |  WEDNESDAY, 21 SEP 2011
... cityindexmutual.com website by City Index Australasia and director, Blair Jason Travers. The Australian Securities and Investments Commission (ASIC) sought to restrict both parties from moving any invested cash within the fund after it found that neither ...

ISN submission targets advice requirement

ELISE BURGESS  |  TUESDAY, 20 SEP 2011
A FOFA reforms submission from the Industry Super Network to Treasury has called for stronger legal requirements around financial advice and better consumer protection. The Industry Super Network (ISN) has requested that the Government strengthen legal ...

ASIC warns CFOs after Westpoint sentencing

MATT WOODINGTON  |  MONDAY, 12 SEP 2011
The Australian Securities and Investments Commission reminded the industry of its legal responsibilities after former Westpoint chief financial officer Graeme Rundle received an 18-month suspended sentence. Rundle, found guilty of two counts of making ...