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The new platform reportedly provides fast account set-up, easy online access to 13 international equity markets and brokerage rates from USD$5. CommSec has also reduced brokerage fees “for Australian ...
The Commonwealth Bank’s brokerage business, CommSec is facing civil action initiated by the Australian Securities and Investments Commission (ASIC) alleging it overcharged brokerage fees to customers ...
The Australian Securities and Investments Commission will also hit AUSIEX – previously owned by the bank and known as CommSec Adviser Services – with a $7.1m fine for related breaches. AUSIEX is now ...
CommSec is promoting a new fund for Mariner but fees are anything but low. Financial alchemy - it's all the rage. Yet it is buyer beware. A very senior Australian investment banker sounds a warning: ...
Add articles to your saved list and come back to them any time. THE ANZ-backed E*Trade Australia is planning to undercut rival CommSec on fees for international trades, a move likely to set off a ...
CommSec is facing a civil suit from the Australian Securities and Investments Commission over system and process deficiencies that led to customers being overcharged $4.3 million over a decade. ASIC ...
CommSec, the brokerage arm of Australia's largest bank, the Commonwealth Bank, has paid $700,000 in infringement penalties and voluntarily refunded $1.1 million to more than 25,000 clients. The ...
The Federal Court has ordered Commonwealth Securities (CommSec) and Australian Investment Exchange (AUSIEX) to pay $20 million and $7.12 million respectively for breaches of the Market Integrity Rules ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Currently just 4 per cent of Australian adults place a trade online in ...
Add articles to your saved list and come back to them any time. A family investment fund led by a former nightclub owner is preparing to take legal action against CommSec after the popular broker ...
“There will always be a place for people who need help, need advice and are prepared to delegate their investment decisions to someone else,” said CommSec chief Paul Rayson, who last month reported a ...
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