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Showing 741 - 750 of 1464 results for "Investments Commission"

Proposed tough planner rules

ELISE BURGESS  |  THURSDAY, 2 JUN 2011
Financial planners could face a tougher regulator, if changes to ASIC's powers go ahead. Currently under review by the Treasury, proposals include strengthened authority to ban advisers. The reforms in question propose that harsher penalties should ...

Chapel Road appeal forces ASIC to show the goods

RACHEL DAVIS  |  THURSDAY, 19 MAY 2011
A decade on, the Chapel Road v Australian Securities and Investments Commission (ASIC) battle rages on, with the NSW Supreme Court ordering ASIC to hand over documents relating to the investigation. Back in 2001 Chapel Road's AFSL was revoked when ASIC ...

ASIC draft moves FEX closer to reality

ELISE BURGESS  |  FRIDAY, 13 MAY 2011
Australian Securities and Investments Commission has released a new draft paper, further cementing the Financial and Energy Exchange (FEX) bid for a licence and the possibility of another ASX competitor. The FEX is an unlisted Australian public company ...

Regulators cautioned on world exchanges

ELISE BURGESS  |  TUESDAY, 10 MAY 2011
Tony D'Aloisio, chairman, Australian Securities and Investments Commission, has warned regulators of the dangers of misunderstanding stock exchange mergers speaking at an international conference for the last time as chairman. At the 2011 International ...

ASIC moves to protect OTC retail investors

MATT WOODINGTON  |  TUESDAY, 10 MAY 2011
The Australian Securities & Investments Commission (ASIC) is stepping up its scrutiny on issuers of over the counter (OTC) derivatives, in order to safeguard the investments of a rising retail client base. ASIC has released a consultation paper seeking ...

Unitholders ask ASIC/NSX to ban cap raising

ELISE BURGESS  |  MONDAY, 9 MAY 2011
... raising, deeming the raising as 'unfair' to all unitholders. In a letter to the Australian Securities and Investments Commission (ASIC) and National Stock Exchange (NSX), the PIF Action Group, of which around 27 per cent of all fund unitholders are part ...

Adviser banned for life by ASIC

ASIC RELEASE  |  WEDNESDAY, 20 APR 2011
... banned for life from providing financial advice following an investigation by the Australian Securities and Investments Commission (ASIC). ASIC alleges Veitch failed to comply with financial services law between 23 October 2008 and 5 February 2010 by ...

ASIC call to improve planner education

ELISE BURGESS  |  WEDNESDAY, 6 APR 2011
Financial planners may have to undergo a new training and assessment framework, which includes certification exams and update reviews every three years, if latest proposals from the financial services regulator go ahead. A consultation paper submitted ...

ASIC new guidance for AFSL

ELISE BURGESS  |  MONDAY, 4 APR 2011
... facilities, simple managed investment schemes and certain superannuation products. Australian Securities and Investments Commission (ASIC) has released the updated guidance asking that issuers of certain financial products disclose financial information ...

Rogue trader banned for four years

ALISON BEVEGE  |  FRIDAY, 25 MAR 2011
... financial products or services under the enforceable undertaking signed with the Australian Securities and Investments Commission (ASIC). Perkin, 51, traded foreign currencies from a pooled fund under the name of Crusader Trading Limited, which he operated ...