Articles tagged with 'Australian-Securities-and-Investments-Commission'

FLAG adviser banned for five years

09:30 AM | Fleetwood Advisory Group director Steven Fleetwood has been banned from providing financial services for five years by ASIC following an investigation into his professional activities between 1998 and 2008.


Govt to address unfair terms in insurance contracts

17 March 2010 | The Government is seeking comment on an options paper it released today to address unfair terms included in insurance contracts.


Former Macquarie broker pleads guilty

15 March 2010 | A former Macquarie broker has pleaded guilty to charges brought by ASIC regarding market manipulation.


City Pacific wind-up underway

15 March 2010 | ASIC has cancelled City Pacific’s Australian financial services licence as the company continues to wind up.


Former Chartwell secretary pleads guilty

15 March 2010 | The former secretary of investment company Chartwell Enterprises, Ian Rau, has pleaded guilty to charges brought by the Australian Securities and Investments Commission (ASIC).


Auditors warned to shape up

12 March 2010 | ASIC audit of auditors detects shortcomings amid the global financial crisis.


ASFA supports Govt super borrowing proposals

12 March 2010 | ASFA has supported amendment proposals made by the Government around borrowing in super arrangements.


Legislation gives market supervisory powers to ASIC

12 March 2010 | ASIC will take on supervision of Australia's financial markets as of the third quarter of 2010.


Former Chartwell director to face trial

11 March 2010 | The former director of the investment company Chartwell Enterprises, Graeme Hoy, has been committed to stand trial on charges brought by ASIC.


Former Macquarie fund manager restrained

10 March 2010 | Former Macquarie bank fund manager, Oswyn de Silva, has been restrained after trying to leave Australia in breach of court orders.


Money Management 4minutes

10 March 2010 | The only dedicated multimedia news bulletin for the financial advice industry. 7 days of news in under 4 minutes. Proudly sponsored by Securitor.


Short selling reporting deadline delayed

8 March 2010 | The short selling reporting deadline has been delayed to give short sellers more time to implement systems that will enable them to meet reporting obligations.


Westpoint settlements continue

3 March 2010 | State Trustees ordered to pay $13.5 million compensation to Westpoint investors.


ASIC deadline looms

3 March 2010 | The country's biggest financial services licensees are scrambling to compile significant amounts of data ahead of this Friday’s deadline for the regulator’s industry audit.


Ponzi scheme operator pleads guilty

3 March 2010 | Victorian woman who operated Ponzi scheme via a mortgage broking business pleads guilty to six counts of deception.


Working group close to finality on margin lending

3 March 2010 | The Financial Services Working Group is close to finalising the streamlined disclosure documentation attaching to margin loans, superannuation and managed investment schemes.


ASIC smacks banks on term deposits

2 March 2010 | ASIC is concerned at the tenor of bank advertising around term deposits, particularly where dual pricing implications arise.


More jail time for former company secretary

2 March 2010 | The activities of a former Brisbane company secretary dealing in mezzanine finance earn him more jail time.


ASIC acts on unlicensed schemes

1 March 2010 | More than 1,000 investors have found themselves tied up in property development schemes that have been identified as illegal.


Delays for ASIC shadow shop

24 February 2010 | The Australian Securities and Investments Commission is highly unlikely to complete its promised return to shadow shopping in the financial planning industry in the current financial year.


Westpoint director plans property return

24 February 2010 | Former Westpoint director Norm Carey is planning a return to property development but says he doesn't plan on using retail funds, according to an article in The Australian.


This is ASIC, are you still there?

09:35 AM | ASIC cancels the AFSL of a company that stopped answering the phone and filing reports.


Insider trading charges

17 February 2010 | Former Moodys staffer charged over insider trading.


Mortgage origination: A climate of change

15 February 2010 | With the global financial crisis driving smaller lenders and mortgage brokers out of the market, Chris Kennedy finds the mortgage market is headed for a transitional year.


A preview of the year ahead

15 February 2010 | Philip La Greca examines the possible impact that the outcomes of the forthcoming government reviews will have on superannuation and, in particular, SMSFs.


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