17.6 C
Sydney
Tuesday, October 20, 2020

Advertising

Home Business News ASIC targets cash funds in fixed income crackdown - The Australian Financial...

ASIC targets cash funds in fixed income crackdown – The Australian Financial Review

In the case of Mayfair, the fund targeted wholesale rather than retail investors, but the evidence is that most lacked sufficient knowledge of financial investments and are now facing the grim prospect of significant losses.
Labelling matters just as much for financial products as it does for free-range eggs, where much regulatory endeavour was spent ensuring they were true to label.
Karen Chester, ASIC deputy chairman
“Our regulatory focus as it relates to consumer protection is meant to be …

Click here to view the original article.

- Advertisment -
- Advertisment -

Most Popular

Woodbridge Liquidation Trust Announces Cash Distribution

SHERMAN OAKS, Calif.--(BUSINESS WIRE)--Woodbridge Liquidation Trust (the “Trust”) announced that its Liquidation Trustee, with the...

Ontario Teachers’ Leads US$360M Investment Round Into Princeton Digital Group, Asia’s Leading Data Centre Company

SINGAPORE--(BUSINESS WIRE)--Singapore-based Princeton Digital Group (PDG) has entered into definitive agreement for a new US$360M...

Southeastern Grocers, Inc. Files Registration Statement for Proposed Initial Public Offering

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Southeastern Grocers, Inc. (“SEG”) announced today that it has filed a registration statement...

Institutional Property Advisors Brokers $117.5 Million Multifamily Asset Sale in Tempe, Arizona

TEMPE, Ariz.--(BUSINESS WIRE)--Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced...

You might also like ...

Ontario Teachers’ Leads US$360M Investment Round Into Princeton Digital Group, Asia’s Leading Data Centre Company
Southeastern Grocers, Inc. Files Registration Statement for Proposed Initial Public Offering
Institutional Property Advisors Brokers $117.5 Million Multifamily Asset Sale in Tempe, Arizona