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Showing 961 - 970 of 6694 results for "Securities"

ASIC takes SMSF accountant to court

ANNABELLE DICKSON  |  TUESDAY, 24 NOV 2020
The Australian Securities and Investments Commission (ASIC) has commenced legal proceedings in the Federal Court against a Gold Coast-based SMSF accountant for failing to comply with an enforceable undertaking. Jenan Oslem Thorne, otherwise known as ...

ASIC investigates ASX

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
... cooperate fully with ASIC." The ASX paused trading last Monday due to a software issue limited to the trading of multiple securities in a single order creating inaccurate market data. "The outage falls short of the high standards we set ourselves and ...

Regulator continues crackdown on product adverts

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... bank-issued deposit products." The fund's underlying assets include notes issued by a related entity and secured by securities over commercial, industrial, residential and retail properties. ASIC said it may consider further regulatory action in relation ...

ASX runs into trouble again

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... Point may no longer constitute a Trade with Price Improvement under Rule 6.2.3 of the ASIC Market Integrity Rules (Securities Markets) 2017 (Rules)," ASIC said. "As a result, orders may no longer fall within the exceptions to the requirement to enter ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
... Australian financial services licence since January 2004, provided clients with financial advice including dealing in securities and advising on self-managed superannuation funds. ASIC's investigation into Hopkins and QWL began in 2019 in response to ...

ASIC opens consultation on scaled advice

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
The Australian Securities and Investments Commission (ASIC) is calling on financial advisers to provide feedback to its consultation paper on affordable scaled advice. As previously announced last month, ASIC's latest consultation paper, Promoting access ...

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 ...

ASX market outage lasts all day

ELIZABETH MCARTHUR, KANIKA SOOD  |  MONDAY, 16 NOV 2020
... was identified by 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 ...

Barrenjoey Capital hires from FIIG

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
The newly-launched, Magellan-backed investment bank has added a head of credit risk from FIIG Securities. Asmita Kulkarni left the role of director, investment strategy group at FIIG to join the new venture established by former Challenger managing ...

Invesco advances active non-transparent ETF

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... investment manager is in the final regulatory stage of having its active non-transparent ETF model approved. The US Securities and Exchange Commission (SEC) published a notice regarding the firm's exemptive application, "indicating its plan to grant ...