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Showing 751 - 760 of 903 results for "Banned"

Insurance broker gets permanent ban

ASIC RELEASE  |  WEDNESDAY, 16 JUN 2010
ASIC has permanently banned insurance broker Steven James Ker of Palmyra, Western Australia, from providing financial services. The banning follows an ASIC investigation into Ker's conduct as an authorised representative dealing in general insurance ...

Rambo

BENJAMIN ONG  |  THURSDAY, 20 MAY 2010
... Germany thinking, going it alone to battle the battalions of speculators determined to burn the euro to the ground? Germany banned the naked short selling on European government bonds, shares of 10 banks and insurers and credit default swaps. The ban ...

Market Wrap - Morning

AAP  |  THURSDAY, 20 MAY 2010
... cent drop from the 2010 trading high it reached last month. The latest worries come from Germany, where regulators have banned naked short selling. The sudden announcement late on Tuesday from Germany's financial regulator was seen in the markets as ...

Nein to naked shorts

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2010
... German to do to defend its new currency? Regulate on its own. Yes Virginia, we're back to 2008. Naked short selling will be banned in Germany when their clocks strike midnight tonight -- and there it will remain till 31 March 2011. Germany's BaFin financial ...

Cooper wants collectables banned from SMSFs

MICHAEL HOBBS  |  THURSDAY, 29 APR 2010
SMSFs should be banned from including collectables and 'personal use' assets into their fund and will be subject to tougher penalties if they break the rules, according to the preliminary recommendations of the Cooper Review released today.In the SMSF ...

Directors disqualified for 20 years

ASIC RELEASE  |  THURSDAY, 29 APR 2010
... circumstances of a company failure and to report, where appropriate, director misconduct to ASIC. All the directors who were banned were afforded the opportunity to lodge an application with the Administrative Appeals Tribunal for a review of ASIC's ...

ASIC bans client adviser for life

ASIC RELEASE  |  THURSDAY, 22 APR 2010
The regulator has banned a Brisbane-based former client adviser, Roy Ho, from providing financial services for life. Ho, who previously worked at Tricom Futures Services, now known as Stonebridge Futures Services, admitted to using nine client trading ...

Cooper Review unveils MySuper, officially

MICHELLE BALTAZAR  |  TUESDAY, 20 APR 2010
... and reviewed every 12-months under an opt-in model (versus the common practice of opt-out). Trailing commissions will be banned although if the trustee allows, fees for super advice can be paid out of the member's account (as is the practice today). ...

UK bans commission payments from products

MICHAEL HOBBS  |  TUESDAY, 30 MAR 2010
In a seminal move, the Financial Services Authority (FSA) has banned financial advisers from accepting commissions for recommending a product from 2012. The FSA also ruled that financial advice firms must be upfront about how much they charge for their ...

SA adviser banned for no AFSL

ASIC RELEASE  |  THURSDAY, 18 MAR 2010
ASIC has banned South Australian planner Steven Edward Fleetwood from providing financial services for five years, after giving out trading and advice services without having an Australian Financial Services Licence. The banning of Fleetwood follows ...