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Showing 1 - 8 of 8 results for "US investigation"

AFCA receives record complaints in 2025

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
The Australian Financial Complaints Authority (AFCA) received a record number of complaints in 2025, with 111,373 complaints filed in the 12 months to December 31 - up 14% from 2024. Since its establishment, AFCA has received more than 634,000 complaints. ...

Mercer Super sued over 'longstanding and systemic' failures

JAMIE WILLIAMSON  |  THURSDAY, 14 AUG 2025
Mercer Super allegedly failed to report seven investigations it undertook into serious member services failures, including one into premiums charged to dead members being refunded incorrectly. Lodged with the Federal Court today, the proceedings allege ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
The now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator. Melbourne Securities Corporation (MSC) has paid $13,320 to comply with an ASIC infringement notice relating to allegations of misleading ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
BNP Paribas Securities, Moelis & Company, and Wells Fargo are among 11 firms that copped massive fines that totalled US$289 million ($442m) after the Securities and Exchange Commission (SEC) found that they used personal apps to conduct business. From ...

Double boo boo on Wall Street

BENJAMIN ONG  |  TUESDAY, 3 JUN 2014
For those who still doubt that expectations matter in the financial market, last night's double boo boo on Wall Street should cast those doubts aside. The Institute of Supply Management (ISM) released its manufacturing index for May last night. Markets ...

BlackRock ends "unfair" analyst surveys

MARK SMITH  |  MONDAY, 13 JAN 2014
... surveying equity analysts to get insight into their views on companies before the information is made public. A US investigation into the practice determined that it "provides an unfair advantage to elite and technologically sophisticated market players ...

Men behaving womanly

MICHELLE BALTAZAR  |  MONDAY, 30 NOV 2009
Men are living longer than they used to, thanks to women, and the narrowing of the mortality gap between both genders must be factored in any financial plan, said a demographics expert. Actuarial statistics on the mortality of the Australian population ...

Eslake joins think-tank

COMPANY RELEASE  |  FRIDAY, 31 JUL 2009
Saul Eslake, former ANZ chief economist for 14 years, has joined the Gratton Institute as program director in the productivity growth division. The Gratton Institute is a new think-tank that is supported by the Commonwealth and Victorian Governments ...
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