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Showing 961 - 970 of 1465 results for "Investments Commission"

Family banned by ASIC and AFSL revoked

HAMISH MADDEN  |  MONDAY, 13 NOV 2006
... Australian Financial Services License (AFSL) revoked following an investigation by the Australian Securities and Investments Commission (ASIC). Australian Business Insurance Advisers (ABIA) was a family business operated out of Adelaide by directors ...

Broker gets jail term for forgery

... bearing some resemblance to the now infamous Nick Leeson-Barings Bank scandal, the Australian Securities and Investments Commission (ASIC) alleged that former options advisor and stockbroker Neville John Kakoschke of Thorngate, South Australia, forged ...

ASIC cautions over rate rise advertising

HAMISH MADDEN  |  TUESDAY, 7 NOV 2006
With the recent interest rate rise and another imminent, the Australian Securities and Investments Commission (ASIC) has cautioned lenders over advertising and promotional material which may not accurately reflect a rate rise. Already home loan lenders ...

Former NAB adviser gets 8 years

HAMISH MADDEN  |  MONDAY, 6 NOV 2006
... and fraud relating to nearly $6 million of misappropriated funds. Following an Australian Securities and Investments Commission (ASIC) investigation, Paul Drakos from the New South Wales Central Coast entered guilty pleas in May to eight counts of dishonestly ...

ASIC bans Tweed but can't stop off-market traps

HAMISH MADDEN  |  FRIDAY, 3 NOV 2006
... Tweed, the perennial off-market shareholder predator, has been banned by the Australian Securities and Investments Commission (ASIC) from providing financial services. ASIC banned Tweed for his role relating to two offers to acquire holdings from OneSteel ...

Not on our watch: ASIC

In the 12 months to June 2006, the Australian Securities and Investments Commission (ASIC) has recorded a 34 per cent increase in action against illegal investment schemes, 90 per cent more civil orders against professional misconduct and enforcement ...

Lo-doc broker to pay client compensation: ASIC

... mortgage brokers who think they may be too insignificant to catch the ire of the Australian Securities and Investments Commission (ASIC) should take heed after the regulatory watchdog took legal proceedings against a Canberra-based lo-doc mortgage broker. ...

Reverse mortgage regulation lacks cohesion

HAMISH MADDEN  |  TUESDAY, 24 OCT 2006
... last week, Greg Tanzer, executive director, consumer protection directorate, the Australian Securities and Investments Commission (ASIC), explained that ASIC did not have the legislative power to regulate reverse mortgage providers nor to go into bat ...

Tassie investment schemes wound up

HAMISH MADDEN  |  FRIDAY, 20 OCT 2006
The Australian Securities and Investments Commission (ASIC) has succeeded in its bid to have two Tasmanian unregistered managed funds wound up. ASIC obtained orders in the Tasmanian District Registry of the Federal Court of Australia to wind up the ...

Property promoter gets life ban and $1.1m penalty

... cent per year returns which were described as 'secured and guaranteed'. But the Australian Securities and Investments Commission (ASIC) found that most of the investments were actually unsecured loans. According to ASIC, ProCorp Investments group collapsed ...