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Showing 791 - 800 of 2080 results for "Australian Securities"

Macquarie and Storm victims settlement "wrong": Court

LAURA MILLAN  |  MONDAY, 12 AUG 2013
... Bank and the victims of the Storm Financial fraud. The Court approved the request for appeal made by the Australian Securities and Investments Commission (ASIC) after Macquarie agreed to pay $82.5 million to 1,050 Storm clients who took out margin loans ...

Victims push for new Trio fraud inquiry

LAURA MILLAN  |  FRIDAY, 9 AUG 2013
... after it tried to meet Treasurer Chris Bowen and received no response. The VOFF have recently met with the Australian Securities and Investments Commission (ASIC). The regulator told the victims that before the Trio Fraud was unveiled it had made over ...

Law firm acquires wealth management business

MARK SMITH  |  THURSDAY, 8 AUG 2013
... will also acquire Melbourne-based boutique asset management firm Pentad. According to a statement on the Australian Securities Exchange (ASX), ILH's management believes CIPL and Pentad have strong growth prospects. "CIPL will have annual revenues of ...

ASIC takes action against diamond trading scheme

LAURA MILLAN  |  WEDNESDAY, 7 AUG 2013
The Australian Securities and Investments Commission (ASIC) has started legal action against what could be an elaborate diamond trading scheme designed to avoid the operation of the consumer credit laws. ASIC filed proceedings in the Federal Court in ...

ASIC bans broker for deceptive conduct

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
The Australian Securities and Investments Commission (ASIC) has permanently banned a Perth-based insurance broker after it found he had engaged in misleading and deceptive conduct. ASIC found that John Andrew Barr, of Darlington, Western Australia ...

New dark pool transparency rules introduced

MARK SMITH  |  TUESDAY, 6 AUG 2013
... Australia's financial markets. Bradbury said the announcement came in response to issues identified by the Australian Securities and Investments Commission (ASIC)'s dark pools and high frequency trading taskforces. "These rules provide improved investor ...

Gunns chair pleads guilty to insider trading

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
... charge of bribing Tasmanian 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 ...

IRESS acquires UK software firm Avelo

MARK SMITH  |  TUESDAY, 6 AUG 2013
... adviser technology provider Avelo for A£210 million ($362 million), according to an announcement on the Australian Securities Exchange (ASX). The deal will be funded through $206 million share issue with each new share priced at $7.15. IRESS said Avelo's ...

ASIC admits Commonwealth FP investigation was "not adequate"

LAURA MILLAN  |  MONDAY, 5 AUG 2013
... who revealed poor practices within the Commonwealth Bank Financial Planning (CFP) unit was inadequate the Australian Securities and Investments Commission (ASIC) has admitted. ASIC recently submitted a 18-page document to the Parliamentary Joint Committee ...

Suncorp Life profit to drop 75%

LAURA MILLAN  |  MONDAY, 5 AUG 2013
... division. The company made public a financial update of its preliminary results for financial year 2013 at the Australian Securities Exchange (ASX). While Suncorp Life's underlying profit is expected to be approximately $120 million, compared to $146 ...