ASIC News

March 21, 2010

06:00

Money Management

ASIC pushes for Storm Financial recompense
The Australian
ASIC will now enter into confidential discussions with various parties to see if a commercial resolution can be reached for investors, many of whom lost ...
ASIC To Start Talks On Storm Financial Investor CompensationWall Street Journal
ASIC talks with Storm collapse victimsSydney Morning Herald
ASIC to discuss a resolution for StormCourier Mail
Herald Sun -Business Spectator -ABC Online
all 44 news articles »
06:00

ASIC favours Storm settlement over litigation
ABC Online
But ASIC also said it would consider initiating compensation proceedings if a settlement was not possible. ASIC confirmed it would meet with individual ...

and more »
06:00

ABC Local

Fallen trader has run out of options
Sydney Morning Herald
On February 26, while standing on the kerb outside the apartment, he was served with court orders and an outline of ASIC's concerns about his trading. ...
Ex-Macquarie banker sentenced to jailNEWS.com.au

all 16 news articles »
06:00

ASIC bans Victoria exec to trade for ten years
International Business Times Australia
Market regulator Australian Securities and Investments Commission (ASIC) on Friday banned Charles Phillip Grummisch, 58, of Warrandyte, ...

March 19, 2010

06:00

Money Management

ASIC To Start Talks On Storm Financial Investor Compensation
Wall Street Journal
ASIC said in a statement that a commercial resolution, if achievable is preferable to protracted legal action. But if a deal cannot be reached by the end of ...
ASIC favours Storm settlement over litigationABC Online
ASIC caught in a StormThe Australian
ASIC investigates commercial resolution for StormSydney Morning Herald
InvestorDaily.com -Financial Standard -Money Management
all 26 news articles »
06:00

ASIC examining NRMA's role in Thrifty
Sydney Morning Herald
A former NRMA director, Richard Talbot, wrote to the ASIC chairman, Tony D'Aloisio, last month, alleging that information about the sudden departure of a ...

and more »
06:00

Australia Regulator Favors License for ASX Rival, Review Says
Bloomberg
ASIC recommended to Financial Services Minister Chris Bowen that Europe-based Chi-X be given a license to operate a share market platform in the country, ...

06:00

ASIC refuses to release Trio details
Sydney Morning Herald
PPB had subpoenaed documents from ASIC in the hope it would help establish the whereabouts and value of $125 million in assets invested through Astarra ...
Astarra to be wound upSydney Morning Herald

all 9 news articles »
06:00

The Age

Ex-Macquarie banker sentenced to jail
Sydney Morning Herald
The Australian Securities and Investments Commission (ASIC) had sought the orders as it was investigating trading De Silva had engaged in between 2006 and ...
Former Macquarie banker facing a jail sentenceThe Australian
Former Macquarie banker meted out jail termsInternational Business Times Australia

all 40 news articles »
06:00

Australian Industry Group calls for $12 boost to minimum wage: Economy Roundup
SmartCompany.com.au
"However, in the event that during this period a commercial resolution is not or cannot be reached with particular individuals or entities ASIC will make ...

and more »
06:00

Sydney Morning Herald

Ex-Macquarie banker sentenced to jail
Sydney Morning Herald
Oswyn de Silva, 36, has admitted to running a scheme that ASIC says earned him $3.6 million in profits through 29 trades in 2006 and 2007. ...
Ex-Macquarie banker sentenced to jailNEWS.com.au

all 6 news articles »
06:00
06:00

Sydney Morning Herald

Banker tells of pressure at Macquarie
Sydney Morning Herald
But he faces a possible jail term for trying to flee Australia earlier this month, in breach of court orders that he remain here while ASIC continues its ...
Ex-Macquarie banker Oswyn de Silva pleads guilty to contemptNEWS.com.au
Tearful De Silva talks of pressureHerald Sun
Another PR Disaster For Major FirmHere Is The City
Business Spectator -The Australian -eFinancialCareers Australia
all 45 news articles »

March 17, 2010

06:00

NEWS.com.au

Spotlight on indemnities at Seven
Sydney Morning Herald
ASIC did not seek to stop the meeting proceeding but Justice Jacobson told counsel for the regulator that at the next court hearing ''I would wish to hear ...
ASIC pushes Seven for more clarityBusiness Spectator
Australia's Seven shares on halt after court hearingReuters
Seven investors consider proposed mergerNinemsn
The Australian -Stock and Land -Bloomberg
all 93 news articles »
06:00

Process tech eases ASIC conversion
EE Times India
But the biggest advantage of the device's structure is that it enables TierFPGAs to be converted to ASICs relatively quickly and painlessly by simply ...
Start-Ups Add Third Dimension to ChipsWall Street Journal

all 3 news articles »
06:00

ASIC, ASSP revenue to rise 14% in 2010, says Gartner
EETimes.com
The implication is therefore clear that the significance of ASIC and ASSPs is set to diminish. Lewis said ASIC/ASSP market will continue to grow through ...

06:00

Term deposit tricks
Sydney Morning Herald
ASIC found seven of the eight institutions it surveyed had dual pricing. Typically between two and four of the terms being offered had high rates and the ...

06:00

ASIC cancels City Pacific's Australian financial services licence
HedgeWeek
ASIC's decision to cancel the licence was taken after discussions with the liquidators of City Pacific to ensure the timing of the cancellation would not ...
ASIC frees up frozen fundsBusiness Spectator
Investors in Frozen Funds May Seek Relief, Financial Review SaysBloomberg

all 3 news articles »
06:00

Money Management

ASIC action better late than never
Sydney Morning Herald
''City Pacific remains the responsible entity of a smaller managed investment scheme known as the City Pacific Income Fund,'' ASIC announced. ...
City Pacific wind-up underwayMoney Management

all 6 news articles »