CommSec pays $200,000 in infringement notice penalty
November 16th, 2016
Commonwealth Securities Limited (“CommSec”) has paid a penalty of $200,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“MDP”). The MDP had reasonable grounds to believe that CommSec contravened subsection 798H(1) of the Corporations Act ...
CommSec pays $700,000 in infringement notice penalties and refunds $1.1 million in brokerage
September 2nd, 2016
Commonwealth Securities Limited (“CommSec”) has paid a total penalty of $700,000 to comply with two infringement notices given to it by the Markets Disciplinary Panel (“MDP”), and has voluntarily refunded $1.1 million in brokerage to more than 25,000 clients. Confirmations: disclosure ...
CommSec: Investors are increasingly looking abroad to overseas stock exchanges
November 16th, 2015
Investors are increasingly looking abroad to overseas stock exchanges to broaden their investment portfolio, according to new data from CommSec. CommSec, Australia’s largest online broker, has seen a sharp increase in demand for foreign owned shares. The number of ...
Asia shares near 2016 highs as China trade rebounds
April 13th, 2016
Asian shares came close to their highs for the year on Wednesday after surprisingly upbeat Chinese trade data offered hope the Asian giant was finally stabilising, underpinning both risk sentiment and commodity prices. China reported exports jumped 11.5 percent ...
Share trading accounts at some Australia’s largest brokers have been hacked
August 5th, 2015
Russian hackers have been detected trying to rip cash from online share trading accounts at some of Australia’s biggest brokers, including Morgan Stanley and Commsec. A joint operation by the corporate watchdog ASIC and the Australian Federal Police, dubbed ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Aussie stocks close steady
August 20th, 2014
The Australian sharemarket has closed steady, with a number of upbeat earnings reports offering support despite a sell-off in BHP Billiton. At the 4.15pm (AEST) official market close, the benchmark S&P/ASX200 index edged up 10.8 points, or 0.19 per ...
Australia 200 – Looking to Break Through 5550 Again
August 18th, 2014
Australia 200 for Monday, August 18, 2014 The Australian 200 Index has fallen sharply over the last couple of weeks returning back to more familiar territory between the 5400 and 5500 levels, before rallying strongly last week to back ...
