Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 184 results for "Disclosing"

Rapper charged over crypto scandal

ALLY SELBY  |  MONDAY, 14 SEP 2020
... provisions. Two other Atlanta residents, Chance White and Owen Smith were also found to have promoted SPARK tokens without disclosing they had been promised compensation in return. They have been charged with violating registration and anti-touting provisions. ...

ASIC delays RG97 again

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... timing has been affected by COVID-19 priorities," she said. In November last year, ASIC gave a major update to RG97 Disclosing Fees and Costs in PDSs and Periodic Statements, outlining a suite of new requirements that was meant to apply from late-2020. ...

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... a conflict of interest. Goldenberg recommended the client invest in Mortimer Close in a statement of advice without disclosing that he was the company's sole director. He also failed to disclose that the investment was high risk. Liquidators were appointed ...

Hollywood actor charged by SEC

ELIZA BAVIN  |  FRIDAY, 28 FEB 2020
... be biased. "Celebrities are not allowed to use their social media influence to tout securities without appropriately disclosing their compensation," Littman said. The SEC's order found Seagal violated the anti-touting provisions of the federal securities ...

Meet the Sydney boutique beating Magellan's returns

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
... boutique started by a former Evans and Partners investor outperformed all its peers last year and it's not afraid of disclosing its stock picks. Aoris Investment Management was set up in 2017 by Stephen Arnold and runs just one fund, which delivered ...

Radio host adviser revealed as alleged fraudster

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
... he received millions in undisclosed compensation and benefits for recommending certain investment products - without disclosing any conflicts of interest. Springer is alleged to have misled prospective clients into believing he was selected to host the ...

Super fund PDSs to include single cost of product figure

HARRISON WORLEY  |  FRIDAY, 29 NOV 2019
... requirements set to apply from late-2020. The corporate regulator released an updated version of Regulatory Guide 97 Disclosing Fees and Costs in PDSs and Periodic Statements (RG97) on Friday, which simplifies how fees and costs are presented in periodic ...

No plan to cut out advisers: SPDR chair

KANIKA SOOD  |  MONDAY, 18 NOV 2019
... knowing what is going on in the portfolio is a real benefit." Ross said SPDR portfolio managers haven't had issues in disclosing their full portfolio on the exchange everyday. "The managers that we have been working with in active ETFs have no concerns ...

Undisclosed additional lending must stop

KRISTI CHENG  |  THURSDAY, 26 SEP 2019
... according to Metrics Credit Partners managing partner Andrew Lockhart. The practice of giving additional lending without disclosing it to the bank, typically for commercial property related purposes, is an "inappropriate market practice", he said, and ...

Workplace deaths missing from ESG reports: ACSI

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
... to the framework. There is also a lack of long-term emissions-reduction targets beyond 2040, with only six companies disclosing net zero emissions-reduction targets for 2050.