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Showing 1 - 4 of 4 results for "Sterling Income Trust"

ASIC bans Theta managing director

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... Patrick Marie comes after several instances of misconduct relating to Theta, the responsible entity of the Sterling Income Trust (SIT), which ASIC commenced civil penalty proceedings against in the Federal Court of Western Australia. SIT is a registered ...

Responsible entity fined $2m

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
... to pay a penalty of $2 million with respect to authorising the issue of five defective PDSs on behalf of Sterling Income Trust. Additionally, the court ordered Theta managing director Robert Marie to pay a penalty of $100,000 for his role. Marie was ...

Responsible entity declares insolvency

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
... against Theta and its managing director in relation to a Western Australian property investment vehicle, Sterling Income Trust. ASIC's action is completely removed from the Australian Corporate Bond Trust and XTBs or any other managed investment scheme ...

ASIC launches action against AFSL, director

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... commenced action in the Federal Court in Western Australia focused on the promotion and management of the Sterling Income Trust. The regulator said the action is against Theta Asset Management, an Australian financial services licensee and responsible ...
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