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Showing 741 - 750 of 4130 results for "Conduct"

Former Big Un chief charged with insider trading

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
... Last year, Big Un former auditor Graham Rothesay Swan also came under ASIC attention. Swan was convicted for failing to conduct the 2017 company audit in compliance with auditing standards. ASIC said its investigation concerning Big Un, and its officers ...

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... Count Financial (which is now owned by CountPlus) and its authorised representatives acted in misleading or deceptive conduct and received commissions but provided no advice. A trial date is set for March 2024. Between June and December 2022, CBA saw ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
There is no difference between investment returns for US state pension funds in "blue" states that might be more likely to integrate ESG investment principles and "red" states that are more likely to ban ESG investment strategies, according to Rainmaker ...

Mining company shares manipulator sentenced

JAMIE WILLIAMSON  |  TUESDAY, 7 FEB 2023
... charges being sentenced to terms of imprisonment," ASIC deputy chair Sarah Court said. "ASIC is committed to acting against conduct that damages the integrity of Australia's markets. Market manipulation undermines investor confidence and ASIC will take ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
... to custody safely." Illustrating the harm faced by consumers, the consultation paper cited research by the UK Financial Conduct Authority (FCA) which found that the most common reason for buying crypto assets was as a gamble. However, it also highlighted ...

More DASS complainants flock to AFCA

KARREN VERGARA  |  MONDAY, 6 FEB 2023
... ASX-listed US Masters Residential Property Fund (URF) and related products between 2015 and 2019. Six representatives did not conduct a reasonable investigation of the clients' circumstances before providing the advice, according to ASIC, adding ...

Wilsons Advisory fined $550k by ASIC MDP

JAMIE WILLIAMSON  |  FRIDAY, 3 FEB 2023
... otherwise required to be matched on an order book of a market and have pre-trade transparency. The MDP described Wilsons' conduct as serious and "at the high end of careless rather than as reckless or intentional." It said the firm was overly reliant ...

Adviser sentenced over accessing client accounts

CHLOE WALKER  |  FRIDAY, 3 FEB 2023
... person who carries on a financial services business while unauthorised to do so and one count of engaging in dishonest conduct in relation to a financial service. At the time of the conduct, Wertheimer was not licensed to provide financial advice. He ...

Aussies not bothered by volatile markets: State Street

CHLOE WALKER  |  TUESDAY, 31 JAN 2023
In another classic case of "she'll be right, mate", Australian investors are far less concerned about the current market volatility than our global counterparts, according to new research by State Street Global Advisors. The ETF Impact Investment Survey ...

ASIC bans Gold Coast businessman

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
... a financial services business without an Australian financial services licence and engaged in misleading and deceptive conduct. ASIC said between January 2020 to roughly the end of December 2021, Finerty dealt in financial products without a licence ...