Tag Archives: ASIC

ASIC has today commenced proceedings in the Federal Court against Westpac Banking Corporation (Westpac) for insider trading, unconscionable conduct and breaches of its Australian financial services licensee obligations

ASIC has made a product intervention order banning the issue and distribution of binary options to retail clients.

ASIC’s product intervention order imposing conditions on the issue and distribution of contracts for difference (CFDs) to retail clients takes effect from today.

ASIC has approved variations to the Banking Code of Practice (Code). The variations, as proposed by the Australian Banking Association (ABA), do the following:

The ASX cash equity market trading platform did not reopen for trading today Monday, 16 November 2020, after an outage occurred during the opening auction