Chi-X ready to commence operations

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ASIC has confirmed Chi-X Australia Pty Ltd (Chi-X) has met its licence pre-conditions to commence as a provider of exchange markets in Australia and it can commence operations from 31 October

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Centuria supports disclosure benchmarks for unlisted property

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Centuria Property Funds has supported ASIC’s initiative to improve disclosure in the unlisted property sector with the property group leading the industry in implementing internal benchmarks to protect the rights

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ASIC reports on its monitoring of financial advisory practices

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ASIC has released a report on the information it received in 2010 from the top 20 financial services licensees on their practices. To help monitor the gatekeepers of the financial

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Sentencing decision in the Westpoint CFO criminal case

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ASIC notes the sentencing decision of former Westpoint chief financial officer Graeme Rundle in the Parramatta District Court on Friday 9 September 2011. Mr Rundle was found guilty of two

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ASIC: best practice guidance for advertising financial products & services

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ASIC has released a consultation paper and draft regulatory guide containing best practice guidance for the advertising of financial products and financial advice. The work seeks to promote confident and informed

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ASIC publishes ETF information for investors

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ASIC has published new information on its consumer finance website, MoneySmart, to help consumers understand the different types of Exchange Traded Funds (ETFs) and their risks. ETFs can provide a convenient

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ASIC pushes for greater CFD disclosure

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ASIC has released new disclosure benchmarks for contracts for difference (CFDs) that aim to improve disclosure and investor awareness about risks of these products. The guidance also covers margin foreign exchange

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Trio former chairman and director exluded for nine years

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ASIC today announced it has entered into an enforceable undertaking (EU) with former chairman and director of Trio Capital Limited (Trio) Mr David Andrews. Mr Andrews was a non executive

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Current market volatility and margin lending products

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In the context of the current market volatility, ASIC is reminding advisers and margin lenders of their obligations under the recent margin lending reforms, specifically in relation to advisers’ obligations

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ASIC welcomes standard risk measure for super funds

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ASIC today welcomed the launch of the Standard Risk Measure for superannuation by the Association of Superannuation Funds (ASFA) and the Financial Services Council (FSC). The Standard Risk Measure disclosures

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