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Showing 1 - 10 of 12 results for "Monetary penalties"

Treasury mulls increased powers for TPB

ELIZA BAVIN | TUESDAY, 14 APR 2026

... conduct due to the availability of imprisonment terms for courts to impose on offenders in circumstances where monetary penalties may not be a sufficient penalty for the offending conduct in the most serious circumstances." The consultation added that ...

US regulator sues crypto giant, chief executive

CASSANDRA BALDINI | TUESDAY, 28 MAR 2023

... benefit." In its continuing litigation against the defendants, the regulator said it seeks disgorgement, civil monetary penalties, permanent trading and registration bans, and a permanent injunction against further violations of the CEA and CFTC regulations ...

Crypto exchange owners charged

KARREN VERGARA | THURSDAY, 8 OCT 2020

... ban and permanent injunction from BitMEX violating the Commodity Exchange Act (CEA), and for it to pay civil monetary penalties. It also wants BitMEX to be permanently registered and to restitute customers.

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY | WEDNESDAY, 30 SEP 2020

... is the largest ever imposed in any spoofing case, including the highest restitution, disgorgement, and civil monetary penalties. "Spoofing is illegal-pure and simple," CFTC chair Heath Tarbert said. "This record-setting enforcement action demonstrates ...

Index manager, friend charged for insider trading

KANIKA SOOD | TUESDAY, 22 SEP 2020

... violating the antifraud provisions of the federal securities laws and seeks permanent injunctions and civil monetary penalties. In a parallel action, the US Attorney's Office for the Eastern District of New York announced criminal charges against Yang. ...

Rapper charged over crypto scandal

ALLY SELBY | MONDAY, 14 SEP 2020

... federal securities laws. "The complaint seeks injunctive relief, disgorgement of ill-gotten gains, and civil monetary penalties, as well as an officer-and-director bar against Felton," the SEC said. The US Attorney's office for the Northern District ...

From fines to prosecution: The penalties are in

ELIZA BAVIN | THURSDAY, 21 MAY 2020

... said. "The penalties that apply vary based on the facts and circumstances of each case. They can range from monetary penalties through to prosecution in exceptional cases." The ATO said it will be reviewing cases closely, and in the event it discovers ...

Financial services exec embroiled in bribery scheme

ALLY SELBY | THURSDAY, 16 APR 2020

... prevent the firm from participating in the transaction and it is not being charged." The SEC will be seeking monetary penalties against Berko in addition to other remedies.

Lapsed adviser registrations could spell trouble: TPB

JAMIE WILLIAMSON | MONDAY, 28 AUG 2017

... to be a registered tax (financial) adviser when they are in fact unregistered could be hit with significant monetary penalties. The TPB has urged all tax (financial) advisers ensure their contact details are current as it will issue reminders when renewal ...

ASIC report highlights insufficient penalties

LAURA MILLAN | MONDAY, 2 FEB 2015

Monetary penalties for large organisations reached record levels in 2014, but are still insufficient, according to the Australian Securities and Investments Commission (ASIC) latest enforcement report. ASIC quotes the record $1.2 million civil penalty ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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