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Showing 791 - 800 of 816 results for "Corporations Act"

Director sentenced, adviser banned

... charges of being knowingly concerned in the promotion of prescribed interests, through ASM, in contravention of the Corporations Act. The Australian Securities and Investments Commission (ASIC) said the charges related to seven investors who lost money ...

ASIC obtains orders against unregistered investments scheme

... the nature of mortgages) without holding the necessary licences, in contravention of the Corporation Law and Corporations Act.

ASIC releases report on interim approach to mutual risk products regulation

... mutual risk products (MRPs). "In general, ASIC considers MRPs to be financial products for the purposes of the Corporations Act because they represent both facilities for managing financial risk and interests in a managed investment scheme," said Ian ...

ASIC releases promissory note obligation FAQ

... (ASIC) has released a FAQ to assist issuers of promissory notes in understanding their obligations under the Corporations Act. A promissory note is an unconditional promise by an issuer to pay an agreed sum of money at a fixed or determinable future ...

Adler committed to stand trial on securities charges

... counts of making false or misleading statements in relation to securities. AIC alleges Adler contravened the Corporations Act when he purchased more than three million HIH shares in the name of Pacific Eagle Equities (PEE) in June 2000. If convicted ...

Rodney Adler back in court

... jail on each charge. The Australian Securities and Investments Commission (ASIC) alleges Adler contravened the Corporations Act when he bought more than three million HIH shares in the name of Pacific Eagle Equities in June 2000. Downing Centre Local ...

Solicitor to stand trial for 39 charges brought by ASIC

... counts of making improper use of his position to gain an advantage directly or indirectly for himself under the Corporations Act, and 23 counts of concurring in the making of false statements with intent to obtain a financial advantage under the NSW ...

Two directors charged for failed unregistered invesment scheme: ASIC

... were both charged with operating an unregistered managed investment scheme, required to be registered under the Corporations Act. Mr Loveday and Mr Balacco are directors of Jetsby Pty Ltd, the trustee of United Investments Trust, which ASIC alleges is ...

ASIC clarifies conduct and disclosure obligations for financial planners

... conduct and disclosure obligations for financial advisers. The new obligations are part of the amendments to the Corporations Act made by the Financial Services Reform Act 2002 (FSR) that came into effect on March 11 2002. "The new obligations are designed ...

ASIC takes legal action against company for cold calling investors

... AISC further alleges that the conduct of Morgan Price and its officers contravenes various provisions of the Corporations Act and the ASIC Act. The commission also alleges that Morgan Price's directors and officers have engaged in unconscionable, misleading ...