CommSec has been slapped with a $700,000 fine and has refunded $1.1 million after failing to properly disclose certain information to clients, and making inadequate identity checks of some customers.
The managing director of the country’s largest stockbroker, Commonwealth Bank’s CommSec platform, has told the company that he will resign at the end of June. Richard Burns has headed CommSec, which ...
Mr Paton – a former Deutsche Bank employee and hospitality and property entrepreneur – told The Australian he was not backing down in his fight against CBA. His matter is currently being examined in ...
CBA’s trading plan CommSec has agreed to pay a $20m fine for ‘significant’ overcharging over a decade, subject to court approval. The Australian Securities and Investments Commission will also hit ...
Commonwealth Securities (CommSec) has been forced to pay $50,000 to the Australian Securities and Investments Commission (ASIC) as penalty for its involvement in a misleading appearance of trading ...
CommSec’s quarterly State of the States report has found an uptick in NT economic activity in the March 2024 quarter among other signs there’s life in the old girl yet. However, construction woes ...
The Northern Territory is showing encouraging signs of economic improvement in the latest CommSec State and Territory Economic Performance Report recording the fastest annual economic growth in the ...
CommSec has paid a $200,000 fine for allowing the relative of a deceased client to trade shares on the dead person's online account for months after the broker was told about the client's death. The ...
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