PUMP AND DUMP

Funds management

Four individuals face a $1 million fine after being charged with alleged market manipulation regarding a “pump and dump” scheme....

Financial planning

The first person to be convicted of a ‘pump and dump’ scheme has been sentenced and fined after pleading guilty to charges of share manipulation and illegal dissemination...

Policy & Regulation

The corporate regulator has made its first conviction of an individual for using social media to co-ordinate a ‘pump and dump’ scheme of listed stocks. ...

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Funds management

Investors using social media and chatrooms to conduct market manipulation should assume they are being watched by the regulator, which is paying closer attention to these...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 3 days ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

3 days 17 hours ago

ASIC has issued a warning to financial advisers to ensure they are complying with client consent requirements when entering into ongoing fee arrangements....

1 week 2 days ago