Search Results for: Asic
ASIC has obtained orders freezing investment companies assets
November 18th, 2015
ASIC has obtained orders in the Federal Court of Australia at Melbourne yesterday freezing the assets of CME Capital Australia Pty Ltd, Boston Pacific Capital Australia Pty Ltd and GKN Capital Pty Ltd. ASIC sought the orders after concerns ...
Bocafx agreed to remove misleading statement for ASIC authorisation
November 18th, 2015
Following ASIC concerns, Boca Global Financial Group Pty Ltd ACN 602 109 035 (Boca) has agreed to remove statements on its website suggesting Boca is ASIC regulated or authorised to provide financial services in Australia. ASIC became aware of ...
ASIC publishes results of new reviews of high-frequency trading and dark liquidity
October 26th, 2015
The Australian Securities and Investment Commission has released today a report of new reviews of high-frequency trading and dark liquidity. The report examining the impact of high-frequency trading on Australian equity and futures markets and dark liquidity on Australian ...
ASIC cancels the license of Forex Broker Firm
October 15th, 2015
Following its investigation, ASIC has cancelled the Australian financial service licence (AFSL) of LSG Group Pty Ltd , formerly known as NZ Global Financial Trading Pty Ltd, Easy Capital Global Pty Ltd and AIFA Global Pty Ltd (ACN 154 ...
ASIC report on market integrity
October 7th, 2015
ASIC achieved 11 significant enforcement outcomes relating to market misconduct in the first six months of this year. Details of these and other achievements feature in Report 450: Market integrity report: 1 January to 30 June 2015, along with key ...
ASIC bans two persons from providing financial services
October 6th, 2015
The Australian Securities and Investments Commission (ASIC) has issued today two announcements to inform public that the Commission decided to ban two persons in different cases from providing financial services. According the first announcement, ASIC informs that, it has ...
ASIC reports on Australian Financial Services and other licensing activity
September 24th, 2015
The Australian Securities & Investment Commission has issued today its second report in relation on its approach to license activity and applications. Report 448 Overview of licensing and professional registration applications: January to June 2015 (REP 448) sets out ...
ASIC warns about false claims on www.fxabs.com.au
September 23rd, 2015
ASIC is aware websites www.fxabs.com.au and www.fxabs.com are falsely claiming their services are regulated by ASIC and that they are linked to the Australian company Australia ABS Group Pty Ltd (Australia ABS Group). Directors of Australia ABS Group have confirmed ...
ASIC seeks court orders to wind up Management Firm of Investment Schemes
September 16th, 2015
The Australian Securities & Investments Commission (ASIC) has issued a media release to inform that the Commission seeks court orders to wind up Avestra Asset Management. According the Commissions’s report: ASIC has commenced proceedings in the Federal Court of ...
ASIC Australia bans a broker and a former financial adviser from providing financial services
September 8th, 2015
The Australian Securities & Investments Commission (ASIC), has issued a press release to inform in relation to its decision to ban broker Mr. Raghwa Nand Prasad from providing financial services and from engaging in credit activities for four years ...
