Tag: MDP

ASIC office
June 23, 2017 BY Valentina Kirilova

Macquarie Securities pays $505,000 in infringement notice penalty

Macquarie Securities (Australia) Limited has paid a penalty of $505,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP), ASIC announced earlier today. The MDP had reasonable grounds to believe that Macquarie had contravened subsection 798H(1) of the Corporations Act 2001 (Cth) by failing to comply with the ASIC…

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SFC fines
February 20, 2017 BY Valentina Kirilova

Share Investing pays $130,000 in infringement notice penalty

Share Investing Limited has paid a penalty of $130,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The MDP had reasonable grounds to believe that Share Investing had contravened subsection 798H(1) of the Corporations Act 2001 (Cth) by failing to comply with Rule 5.7.1(b)(iii) of the ASIC Market…

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SFC fines
January 16, 2017 BY Valentina Kirilova

Pershing Securities pays $40,000 in infringement notice penalty

Pershing Securities Australia Pty Ltd has paid a penalty of $40,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP), ASIC just announced. In December 2015, a market-making client of Pershing with direct market access through their AOP system had entered orders into the trading platform of ASX in…

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