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Showing 61 - 70 of 132 results for "Australian Securities and Investment Commission"

Former Bell Potter adviser sentenced to 5 years jail

LAURA MILLAN  |  THURSDAY, 23 MAY 2013
... conduct that cost investors more than $1.6 million. The sentence comes after an Australian Securities and Investment Commission (ASIC) investigation found that Glen Russell Evans of Leichhardt, NSW, failed to invest the money as agreed with his clients ...

PIPA suspends Money Choice director

JAMES FERNYHOUGH  |  MONDAY, 20 MAY 2013
... Matthew George after it was found he had failed to comply with credit laws. The Australian Securities and Investment Commission (ASIC) last week banned George from engaging in credit activities for eight years. He also received a three-year ban from ...

ASIC sends warning to property spruikers

JAMES FERNYHOUGH  |  THURSDAY, 16 MAY 2013
The Australian Securities and Investment Commission (ASIC) has revoked the credit licence of Money Choice Pty Ltd after an investigation found the company had failed to comply with credit laws. The Melbourne-based company's director, Matthew George ...

ASIC drops charges against Westpoint directors

MARK SMITH  |  WEDNESDAY, 15 MAY 2013
... after the regulator discovered a surprise document, two weeks into the trial. The Australian Securities and Investment Commission (ASIC) said it had disclosed the document as soon as it emerged it in accordance with its "procedural fairness obligations". ...

Confusion reigns over financial literacy

ALEX DUNNIN  |  THURSDAY, 9 MAY 2013
... is still no agreed definition of what it is and how to measure it, reveals the Australian Securities and Investment Commission (ASIC) in its Review of the National Financial Literacy Strategy. ASIC nonetheless uses its own definition, being "the ability ...

ASIC warns planners, be careful who you hire

JAMES FERNYHOUGH  |  TUESDAY, 7 MAY 2013
The Australian Securities and Investment Commission (ASIC) has warned financial services licensees to be cautious when hiring new advisers. The warning follows a string of actions against licensees for failing to comply with their Australian financial ...

Chi-X opens to all Australian listed stocks

LAURA MILLAN  |  MONDAY, 6 MAY 2013
... show that around one in five trades on its platform deliver price improvement. An Australian Securities and Investment Commission (ASIC) report said last month that Chi-X participants have saved $300 million in the last year. "Australian investors are ...

ASIC MDA review requires further clarity: IMAP

ALICE URIBE  |  TUESDAY, 30 APR 2013
... excessive, and will push for a two-year requirement. In its submission to the Australian Securities and Investment Commission (ASIC) addressing the regulator's renewed approach to MDA's in Consultation Paper 200: Updates to RG 179, IMAP argued that ...

ASIC targets SMSF confidence tricksters

MARK SMITH  |  THURSDAY, 11 APR 2013
The Australian Securities and Investment Commission (ASIC) will target 'unscrupulous' advisers trying to make quick money out of the fast-growing self-managed superannuation fund (SMSF) industry. Addressing a packed room at the Hilton Hotel in Sydney ...

ASIC steps up investigation into SMSF fraud

MARK SMITH  |  WEDNESDAY, 20 MAR 2013
The Australian Securities and Investment Commission has successfully obtained court orders to liquidate two Queensland-based self-managed super fund (SMSFs) advice business accused of misleading investors. Yesterday the Federal Court appointed Michael ...