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Showing 951 - 960 of 5615 results for "ASIC"

Former AMP adviser banned by ASIC

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
ASIC has prohibited former AMP Financial Planning (AMPFP) adviser Darron Mink from providing financial services or engaging in credit activities for five years. Mink, who was also the sole director of Newcastle's Pinnacle Financial and Investment ...

FSCP issues another registration prohibition order

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... Melbourne-based Stephen Rogers, a representative of United Global Capital, has been prohibited from registering as an adviser with ASIC until after 6 December 2025. He is also prohibited from giving personal advice to retail clients on relevant financial ...

ANZ fined $900k over shares disclosure failure

CHLOE WALKER  |  MONDAY, 11 DEC 2023
... placing downward pressure on ANZ's share price. He added that the fine was needed to "deter similar actions." Meanwhile, ASIC deputy chair Karen Chester said the fine confirms the paramount importance of continuous disclosure. "The penalty and remarks ...

FSCP serves up registration prohibition order

KARREN VERGARA  |  MONDAY, 11 DEC 2023
... bankruptcy. As a result, his registration as a financial adviser has been cancelled and is prohibited from being registered with ASIC. He is also banned from giving personal advice to retail clients on relevant financial products during the prohibition ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... (across all sectors) believed their organisation had sufficient resources to monitor and respond to its cybersecurity needs. ASIC chair Joe Longo has also made clear that boards will be held to account when things go wrong on the cyber front. "ASIC expects ...

CSLR chief executive named

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... Financial Counselling Australia, and the Ecstra Foundation. In her executive career, she held senior roles with the ACCC and ASIC. It is a requirement that someone from the AFCA board also sit on the board of the CSLR. Rickard will take up the role in ...

Adviser with Investport links sees ban affirmed

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... non-compliant, lacking additional disclosures around costs and benefits lost because of switching between products. The AAT "accepted ASIC's submissions that Ms Anderson was under independent and distinct obligations than those owed by her licensee to ...

Nomura offshoot fined by ASIC disciplinary panel

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
ASIC's Markets Disciplinary Panel (MDP) has fined a Nomura subsidiary almost $700,000 for failing to comply with market integrity rules. Instinet Australia, the local arm of the global, Nomura-owned stockbroker, was issued the infringement notice after ...

ASIC curbs high-risk offers from online trading providers

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
ASIC has identified a trend among some online trading providers, presenting high-risk investment opportunities to retail investors, a shift emerging amid the fluctuating market conditions and the decline in retail trading activity post-pandemic. In ...

VFMC selects new chair

JAMIE WILLIAMSON  |  WEDNESDAY, 6 DEC 2023
... Gallery of Victoria's council of trustees. Previous roles include deputy chair of the Indigenous Land Corporation, chair of ASIC's Markets Disciplinary Panel, and chair of Voyages Indigenous Tourism Australia. In her executive career, Gay held several ...