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Showing 1 - 10 of 245 results for %22Australian Securities and Exchange Commission%22

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... from Deloitte last year indicated that generative AI would "rapidly and significantly" disrupt over a quarter of the Australian economy, impacting nearly $600 billion in economic activity, especially within professional and financial services. Deloitte ...

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... US court and the Securities and Exchange Commission (SEC) have slapped charges on three individuals that include an Australian citizen for allegedly perpetrating a fraudulent cryptocurrency scheme known as HyperFund, raising $2.6 billion (US$1.7bn). ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... investment players such as BlackRock, Fidelity, Invesco, VanEck, Ark Investments, and Grayscale, opening the door for Australian retail investors and financial advisers to access US listed bitcoin spot ETFs through local brokerages. Betashares head of ...

Monochrome files for first Bitcoin ETF in Australia

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... ETF is the first and only crypto-asset ETF application filed under this new framework, which once listed, will give Australian investors access to this asset class with the appropriate financial services protections," Yew said. Meanwhile, in the US ...

3iQ introduces inaugural Australian products

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
3iQ Digital Asset Management has chosen Cboe Australia to launch its inaugural Australian products. From today, the fund manager will offer Bitcoin and Ethereum ETFs to Australian investors on the Cboe Australia exchange. The funds are designed to provide ...

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have released their annual engagement update for 2021. Reinforcing Australia's twin peaks model of regulation, the agencies said they ...

Goldsky director charged

ELIZABETH MCARTHUR  |  TUESDAY, 13 APR 2021
... Global Access Fund, Goldsky Investments and the US-based Goldsky Assset Management. He raised money from high-profile Australian sports people, among other victims, and represented to them that their money would be invested in a managed fund. However ...

Another glitch for the ASX

ANNABELLE DICKSON  |  THURSDAY, 4 FEB 2021
The Australian Securities Exchange is experiencing more technical problems following a glitch that resulted in halted trading on ASX Trade in November. The ASX has notified investors and market participants of delays in market announcements, with the ...

Nasdaq proposes diversity rules

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
... proposal, which includes both gender and racial diversity for each firm, the ASX has a long way to go," she said. "Australian firms are on the right track; the latest board diversity statistics by the Australian Institute of Company Directors (AICD) ...

Exemptions to AFSLs explained by ASIC

ELIZA BAVIN  |  THURSDAY, 26 NOV 2020
The Australian Securities and Exchange Commission (ASIC) has provided guidance to trustees of unregistered managed investment schemes in relation to whether they require an Australian financial services licence. The regulator stressed that a trustee ...
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