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Showing 911 - 920 of 3709 results for "Order"

Regulator continues crackdown on product adverts

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
ASIC has placed a stop order on another fund after it found radio advertisements compared the fund to term deposits and did not include proper risk warnings. The stop order was placed on advertisements for the Skyring Fixed Income Fund prohibiting it ...

Aussie dividends lag on global stage

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... quarter." Other casualties include Insurance Australia Group (IAG), which cancelled its dividend for the first time on record in order to bolster its capital reserves, as well as Sydney Airport and Aristocrat Leisure. Janus Henderson head of Australia ...

Responsible entity fined $2m

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... a statement filed with the court along with joint submissions for declarations, civil penalties and the disqualification order to be imposed. The judge noted in handing down his judgment that the circumstances involved catastrophic losses sustained by ...

ASX runs into trouble again

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... no longer fall within the exceptions to the requirement to enter into transactions by matching on a Pre-Trade Transparent Order Book (Rule 6.1.1)." ASX won't have to pay a fine for the potential violation of Rule 6.2.3 However, the regulator said it ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
A former financial adviser has pleaded guilty to misappropriating $2.9 million of client funds by transferring the money to his own accounts for personal use. Ross Hopkins from NSW, appeared at the Downing Centre Local Court, where he pleaded guilty ...

SEC chair to depart

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
The chair of the Securities and Exchange Commission (SEC) has announced his intention to depart at the end of 2021, ahead of his term. Jay Clayton has served as chair for over three years and has been one of the longest-serving chairs of the SEC. He ...

Vatican shakes up financial management

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
By orders of the Pope, the Vatican has a new financial manager. Pope Francis declared that the administrative management of the Vatican's funds should be transferred from the Secretariat of State to the Administration of the Patrimony of the Apostolic ...

ASX market outage lasts all day

ELIZABETH MCARTHUR, KANIKA SOOD  |  MONDAY, 16 NOV 2020
... the ASX and its technology partner Nasdaq as a software issue limited to the trading of multiple securities in a single order creating inaccurate market data. The ASX said the issue would be resolved over night and that the market would be able to open ...

FPA announces new specialist designation

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
... Care Specialist designation is part of a suite of new specialist designation programs that FPA is currently developing in order to support our members to gain in-depth education and ongoing development in areas of advice," the FPA said.

AAT affirms SMSF adviser ban

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
... should only be prohibited from providing personal advice to retail clients. The AAT was not satisfied a limited banning order as proposed by Blazejczyk would provide "sufficient general deterrence", nor that it would promote consumer confidence and professionalism ...