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Showing 891 - 900 of 2080 results for "Australian Securities"

ASIC to accept submissions for 'hedge fund' definition

LAURA MILLAN  |  THURSDAY, 23 MAY 2013
The Australian Securities and Investments Commission (ASIC) will consider submissions from the industry in order to refine the definition of 'hedge fund'. The announcement follows concerns over the current definition of 'hedge fund' and affects a number ...

Fewer Australians invest in shares: ASX

JAMES FERNYHOUGH  |  WEDNESDAY, 22 MAY 2013
The number of Australians investing in the share market continued to decline in 2012, according to the Australian Securities Exchange's Australian Share Ownership Study 2012. The study found that 38% of Australians owned shares in 2012, compared with ...

ASIC takes aim at charitable investment funds

JAMES FERNYHOUGH  |  TUESDAY, 21 MAY 2013
The Australian Securities and Investments Commission (ASIC) has released a consultation paper proposing changes to existing exemptions for charities that raise investment funds. The proposed changes will affect approximately 200 charitable investment ...

The Trust Company rules out EQT takeover

MARK SMITH  |  MONDAY, 20 MAY 2013
... asset manager's offer was "superior" to a counter bid from Equity Trustees (EQT). In an announcement to the Australian Securities Exchange (ASX), The Trust Company said: "After careful consideration, and after having taken advice from Flagstaff Partners ...

PIPA suspends Money Choice director

JAMES FERNYHOUGH  |  MONDAY, 20 MAY 2013
... suspended Money Choice director 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 ...

MoneySmart list of unlicensed companies approaches 700

MARK SMITH  |  FRIDAY, 17 MAY 2013
The number of unlicensed companies listed on the Australian Securities and Investments Commission (ASIC)'s online financial literacy website, MoneySmart, has grown to 696. China Environment Group Limited (CEG), based in the British Virgin Islands, has ...

Planner numbers drop on FoFA changes

ALICE URIBE  |  FRIDAY, 17 MAY 2013
... research Andrew Keevers said. For example AAA Financial Intelligence which had its license revoked by the Australian Securities and Investments Commission (ASIC) in February this year, had 186 advisers Keevers said. According to the research AMP Financial ...

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
... Rundle have collapsed 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 ...

CommBank wealth division enjoys strong March quarter

MARK SMITH  |  WEDNESDAY, 15 MAY 2013
... wealth management and insurance division grew by 4% in the three months to 31 March. In an update to the Australian Securities Exchange (ASX), Australia's largest company said that funds under administration and funds under management in its wealth business ...