Commonwealth Bank is reviewing plans for the transformation of CommSec, its equity and funds brokerage business, into a full service financial institution. CommSec is one of the jewels in the crown at ...
With more than three million users, CBA-owned CommSec is by far the country’s most popular online broker. The bank states that a Commonwealth Direct Investment Account is the “preferred cash ...
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 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 and AUSIEX will pay the largest penalty ever handed down for breaches of Market Integrity Rules. CommSec has been ordered to pay $20 million while AUSIEX will pay $7.12 million for systemic ...
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The $27 million in fines to CommSec and AUSIEX are believed to be the largest ever handed down for breaches of market integrity rules. Copied Australia’s largest stockbroker CommSec, owned by ...
The Commonwealth Bank is boasting healthy growth as it eyes the end of the pandemic, but it is the bank’s investment platform that appears to have exploded. CommSec, the bank’s brokerage service, ...
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