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Showing 941 - 950 of 1875 results for "broker"

Perth mortgage broker permanently banned

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
The Australian Securities and Investments Commission (ASIC) has permanently banned a Perth-based mortgage broker. An ASIC investigation found that he had falsified a letter stating finance approval had been provided for a client and then forwarded it ...

FIIG to manage $30m bond issue for listed childcare company

MARK SMITH  |  THURSDAY, 18 JUL 2013
Fixed income broker FIIG Securities will be the sole lead arranger for listed childcare provider G8 Education's latest wholesale bond issue. The ASX200 child services specialist aims to raise a minimum of $30 million from the bond issue. The bond issue ...

Japanese broker enters Australian market

JAMES FERNYHOUGH  |  WEDNESDAY, 17 JUL 2013
Japanese brokerage firm Invast Securities has launched its Australian operation after gaining its licence from the Australian Securities and Investments Commission (ASIC). Under chief executive Brendan Gunn, Invast Australia will offer various trading ...

Brokers tip stocks ahead of public announcement

MARK SMITH  |  TUESDAY, 16 JUL 2013
Some brokers may be 'tipping' off privileged clients, after market data has revealed abnormal trading volumes prior to public release of analyst recommendations on associated stocks, according to a study by independent academic researcher Capital Markets ...

Perth broker gets 3 year ban for falsifying documents

LAURA MILLAN  |  FRIDAY, 12 JUL 2013
A Perth-based finance broker has been banned from financial services for three years after an investigation found he falsified documents to support the loan applications of his clients without their knowledge. Mathew David Schmelzkopf, of Kelmscott ...

SMSFs urged to consider transparent alternatives to managed funds

JAMES FERNYHOUGH  |  WEDNESDAY, 10 JUL 2013
... delegating these processes to the provider, while keeping beneficial ownership of the underlying investments. "Say an online broker can facilitate US trading, investors still have to place their own trades and negotiate the foreign exchange complexities ...

ASIC bans Gateway Financial adviser permanently

LAURA MILLAN  |  MONDAY, 8 JUL 2013
The Australian Securities and Investments Commission (ASIC) has permanently banned a former Gateway Financial adviser, which is an authorised representative of Titanium Planners. Joshua John Doyle from Bradbury, New South Wales, has been permanently ...

Kenyon Partners to get new name by October

LAURA MILLAN  |  MONDAY, 8 JUL 2013
Kenyon Partners is set to rename its business in October, the company's chief executive Paul Tynan has confirmed. Kenyon Partners has submitted four names to the Australian Securities and Investments Committee (ASIC), and will most likely change its ...

Adviser uses dead people to earn commission

JAMES FERNYHOUGH  |  FRIDAY, 5 JUL 2013
The Australian Securities and Investments Commission (ASIC) has permanently banned a Sydney financial adviser for using the names of dead and non-existent people to earn commissions on insurance applications. Pavan Vyas, an employee of Lionsgate Financial ...

ASIC urged to extend 'wet signatures' exemption

MARK SMITH  |  WEDNESDAY, 3 JUL 2013
... applications made through a secure electronic means where the origination of the application is via an AFSL holder such as a broker, wealth adviser or dealer group. "AMFS should not be the only party to be able to have this exemption. For competition ...