06/12/2014

China to Relax Control over QDII, QFII

China has signaled it will relax control over Qualified Domestic Institutional Investors and Qualified Foreign Institutional Investors in a showcase of its determination to speed up the yuan's convertibility under the capital account.

06/10/2014

Merrill Lynch Equities fined by ASIC

The penalty was for failing to prevent the entry into the ASX Trading Platform of an erroneous Order which resulted in a market for RIO Tinto Limited ordinary shares not being both fair and orderly.

06/09/2014

NZ Options trader admits fraud

A stockbroker who used his investors' money to repay others and fund part of an advance fee for a $US20 million loan has admitted fraud charges.