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Showing 61 - 70 of 153 results for "Investment Commission"

Gunns chairman avoids jail for insider trading

MARK SMITH  |  FRIDAY, 23 AUG 2013
... ought to have known the information was inside information, not that he knew. Australian Securities and Investment Commission (ASIC) commissioner Cathie Armour said the conviction was a reminder the regulator was committed to combating the serious criminal ...

Gunns chair pleads guilty to insider trading

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
... Labor MP Jim Cox with $110,000 to cross the floor of parliament. Since 2009, the Australian Securities and Investment Commission (ASIC) has prosecuted 28 insider trading actions. Of those, 19 have been successfully prosecuted (including three guilty ...

ASIC urged to extend 'wet signatures' exemption

MARK SMITH  |  WEDNESDAY, 3 JUL 2013
The Australian Securities and Investment Commission (ASIC) should consider extending its relief of the need for 'wet signatures' on product disclosure statements (PDS) for the ASX Managed Funds Service (AMFS) to the wider industry to increase access ...

ACR files claim against The Trust Company

LAURA MILLAN  |  WEDNESDAY, 29 MAY 2013
... In 2012, the former directors of the company were given prison sentences after Australian Securities and Investment Commission (ASIC) charged them for false or misleading statements in the company's accounts and a prospectus.

Two Storm victims to receive $1.1m in compensation

MARK SMITH  |  WEDNESDAY, 29 MAY 2013
... investors Barry and Deanna Doyle. The figure was calculated by independent experts and Australian Securities and Investment Commission (ASIC) under the compensation model the regulator developed in connection with the Storm Financial case. A three-week ...

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 ...