All posts tagged "Stockbrokers"
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758Asia-PacificSri Lanka SEC Approves Rules to Digitalise Stock Market
Sri Lanka’s SEC has approved rules to enable electronic account opening, trading and settlement at the Colombo Stock Exchange.
June 8, 2020 -
143Australia & NZAustralian Treasury Bans ‘Conflicted’ Commissions Paid on LICs
Fund managers will be barred from paying fees to financial advisers and stockbrokers for selling listed investment companies and trusts.
May 25, 2020 -
515Australia & NZASIC Probes Brokers for Exploiting Wholesale Investor Rules – Report
Some stockbrokers reportedly mis-classified retail clients as sophisticated investors in order to sell them poor-performing listed investment funds.
February 26, 2020 -
439IndiaSEBI Introduces New System to Detect Broker Misuse of Client Securities
An online register will record brokers’ holdings of client securities, clubbing all such information collected by exchanges, depositories and clearing corporations for all types of trades.
February 17, 2020 -
513Australia & NZ
Australia to Decide on Removal of ‘Conflicted’ Stamping Fees
Fund managers have been paying 'conflicted' up-front commissions to financial advisers and brokers under a 2014 exemption, which ASIC says has resulted in worse investment returns.
January 28, 2020 -
315Australia & NZ
ASIC to Audit Broker Sales of Listed Investment Funds
ASIC is reviewing whether sales commissions paid by fund managers to brokers or financial advisers to sell funds compromise the best interests of investors.
January 14, 2020 -
668AML / KYCSEBI Issues Measures to Protect Securities Market Client Records
A new cybersecurity framework has been issued for KYC registration agencies. Stockbrokers, depository participants, registrars and transfer agents are asked to submit their quarterly reports by end-November.
October 18, 2019 -
1.8KAsia-PacificEU Shareholder Rights Directive – It’s Time for APAC Firms to Act
Though a European regulation, SRD II will directly impact Asian intermediaries and hundreds of billions of euros in assets held by APAC investors, says Demi Derem at Broadridge.
August 26, 2019 -
707Asia-PacificBSEC Publishes Draft Rules on Securities Short Selling
The draft rules set out requirements for brokers and dealers in relation to short selling of securities, which is currently prohibited in Bangladesh.
May 7, 2019 -
450India
SEBI Cuts Time for Listing Debt Securities in Half
India’s securities regulator has cut the timeline for listing debt securities from 12 to six days to streamline the issuance process and make it more cost effective.
August 20, 2018
