Cathie Armour

People & Products

Former ASIC commissioner takes up board role at Cboe

Former ASIC commissioner, Cathie Armour, has taken up a board role at Cboe, her first since departing the regulator last year, as director David Trude departs after 11 ye...

Outsider

A silver anniversary

It is well-known that Outsider is always up for a celebration, so he is breaking out the champers for an unusual anniversary noted by the Senate Estimates committee....

People & Products

Commissioner Armour to depart ASIC

ASIC commissioner, Cathie Armour, is to leave the corporate regulator after nine years next month. ...

Policy & Regulation

Financial markets resilient to cyber threats

The corporate regulator has found firms in financial markets have continued to show resiliency to cyber threats during the pandemic but a reallocation of resources has le...

Outsider

A memorable appearance

Appearing before the Senate economics committee via video link with all the associated technical difficulties and political grilling must be a nerve-wracking experience, ...

Financial planning

CFD leverage reduced

The corporate regulator’s contracts for difference product intervention order now allows maximum leverage available to retail clients to range from 30:1 to a 2:1 dependin...

Policy & Regulation

Finance director convicted for market manipulation

Ananda Kathiravelu has been convicted for conspiring to manipulate the market by attempting to inflate the value of the share price of Radar Iron Limited....

Funds management

The Australian Securities and Investments Commission has outlined that managing climate-related risk is a key director responsibility and has identified firms which are ‘...

Funds management

Unregistered managed investment scheme wound up

The Australian Securities and Investments Commission has announced that the Federal Court has ordered the winding up of un unregistered managed investment scheme operated...

Policy & Regulation

ASIC cancels OTC issuer's AFS licence

The corporate regulator has cancelled the Australian financial services licence of retail over-the-counter derivative issuer Forex Capital Trading after clients incurred ...

Funds management

ASIC reiterates retail investors’ mistakes in market timing

Retail investors choosing to sell tended to find the share price rose the following day, according to the Australian Securities and Investments Commission, as it highligh...

Policy & Regulation

ASIC proposes ban on retail binary options and CFDs

The Australian Securities and Investments Commission has proposed a ban on the sale of binary options and contracts for difference to retail clients....

Policy & Regulation

ASIC issues retail OTC warning

The Australian Securities and Investments Commission has issued another clear warning to retail Over the Counter derivatives traders about the limitations of their licens...

Policy & Regulation

Regulators band together to urge LIBOR transition

The Australian Securities and Investments Commission has written to the chief executives of several major financial institutions, encouraging them to transition away from...

Policy & Regulation

ASIC penalises Berndale Capital Securities

The Australian Securities and Investments Commission has cancelled a Melbourne-based OTC derivative issuer’s licence and its former director has been banned. ...