... avoided with a little bit of knowledge. The most obvious are online scams. The Australian Securities and Investment Commission (ASIC) estimates Australians lose some $30 million to online scams every year and sadly, once your money is lost, there is ...
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... consumers to get those mischarged amounts back? A spokesperson for the Australian Securities and Investments Commission (ASIC) says that it does not regulate companies like Remediator (nor is it involved in every remediation program run by financial ...
ASIC has commenced civil proceedings against CommSec and AUSIEX in the Federal Court. CommSec overcharged brokerage fees to customers on 120,933 occasions totalling $4,352,194 between August 2010 and February 2020, ASIC alleges and CommSec has admitted. ...
... what customers were advised. The Court also made a declaration that on each of the 12,119 occasions that CBA breached the ASIC Act, it also breached its general obligation as a financial services licensee to comply with financial services laws, in contravention ...
... scammed - scammers sell their fraud in bulk. Last June, a report from the Australian Securities and Investment Commission (ASIC) reported a rise in cryptocurrency scams from March to May 2020 of 20% year on year. They noted that "offenders are difficult ...
Bond investment scams are on the rise, warns the Australian Securities and Investment Commission (ASIC). Scammers call up unsuspecting investors offering high-yield bonds. ASIC has been aware of two outfits running the scams here in Australia and two ...
... from trading GameStop. Of course, there are two sides to every fight, a fight which may extend to Australia. "In Australia, ASIC is concerned about social trading and has warned retail investors to be cautious about copy trading offered by low-cost trading ...
The Australian Securities and Investment Commission (ASIC) has slammed school banking programs for being marketing campaigns with no educational benefit. And they could be costing your kids hundreds in earned interest. In its review of school banking ...
... confused and overwhelmed by the information provided and upset they cannot get guidance specific to their circumstances, an ASIC report shows. A third of unadvised superannuation fund members participating in ASIC's research into member experience ...
Six months after the introduction of deferrals, many Australians who requested one are now starting to resume their repayments for their deferred loans. According to data released by Australia's banking regulator, the Australian Prudential Regulatory ...
