ASIC

Investment Funds Told to Correct Advertising and Disclosure

Today ASIC put responsible entities (REs) of all managed investment schemes (MISs) ‘on notice’ that they must ensure their investment fund advertising provides clear, balanced and accurate information. This follows ASIC’s risk based surveillance of advertising…

FCA

FCA Returns Funds to Land Banking Victims

The Financial Conduct Authority (FCA) has obtained High Court approval for a scheme to return £2.5 million to compensate banking victims of a series of unauthorised collective investment schemes. Between 2005 and 2010, approximately 800…

US Securities and Exchange Commission - VALIC

SEC Charges New Defendant in $43 Million Tribal…

Washington D.C., June 26, 2019 — The Securities and Exchange Commission today charged a Los Angeles man for his role in a fraudulent tribal bonds scheme to gain undisclosed control over two registered investment advisers…

US Securities and Exchange Commission - VALIC

Hedge Fund Manager to Pay $5 Million for…

Washington D.C., June 4, 2019 — The Securities and Exchange Commission today announced that a private fund manager in the mortgage-backed securities space has agreed to pay a $5 million penalty to settle charges stemming…

FMA Featured

21 Charges Filed by FMA Act Against Man…

The Financial Markets Authority has charged a man with offences under the Crimes Act and the FMA Act at the Manukau District Court. He has been charged with: 16 charges of obtaining by deception under…

Broadridge feature

Broadridge to Launch Investor Voting App

The Investor Voting App, which builds on the firm's mobile voting feature launched in 2011, allows investors to vote directly and receive important regulatory and educational information relating to corporate direction. Broadridge Financial Solutions has…

US Securities and Exchange Commission - VALIC

New SEC Campaign Educates Investors on Where and…

Washington D.C., April 8, 2019 — The Securities and Exchange Commission today unveiled a public service campaign to empower Main Street investors to take control of their financial future. New SEC Campaign Educates Investors to…