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TikTok Bans Crypto And Finance-Related Branded Content

TikTok has officially banned users from promoting financial products and services including cryptocurrency, and has additionally issued a ban on advertisements for cryptocurrency products and exchanges.
In an update to the company’s Branded Content Policy over the weekend, all financial services and products have been added to the banned list.
“All financial services and products are prohibited, including but not limited to lending and management of money assets, loans and credit cards, buy now pay later (BNPL) services, trading platforms, cryptocurrency, foreign exchange, debit and pre-payment cards, forex trading, commemorative coins, pyramid schemes (including non-financial services),investment services, credit repair services, bail bonds, debt assistance programmes, get rich quick schemes, debt consolidation services and penny auctions,” the policy now reads. ....

United Kingdom , Jane Hume , Financial Advisers Association , United Kingdom Financial Conduct Authority , Australian Securities And Investments Commission , Financial Services , Branded Content Policy , Financial Conduct Authority , Morrison Government , Financial Services Minister Jane Hume , ஒன்றுபட்டது கிஂக்டம் , ஜேன் ஹியூம் , ஒன்றுபட்டது கிஂக்டம் நிதி நடத்தை அதிகாரம் , ஆஸ்திரேலிய பத்திரங்கள் மற்றும் முதலீடுகள் தரகு , நிதி சேவைகள் , நிதி நடத்தை அதிகாரம் , மோரிசன் அரசு , நிதி சேவைகள் அமைச்சர் ஜேன் ஹியூம் ,

FinTok and 'finfluencers' are on the rise: 3 tips to assess if their advice has value

There's a fortune to made as a successful finfluencer. The gains for followers are far less certain. ....

New South Wales , Sara Rosalia , Elon Musk , Californian Stephen Chen , Jane Hume , Investments Commission , Queenie Tan , Australian Securities , Australian Securities And Investments Commission , Social Media Influencers , புதியது தெற்கு வேல்ஸ் , சாரா ரோசாலியா , ஜேன் ஹியூம் , முதலீடுகள் தரகு , ராணி பழுப்பு , ஆஸ்திரேலிய பத்திரங்கள் , ஆஸ்திரேலிய பத்திரங்கள் மற்றும் முதலீடுகள் தரகு ,

ASIC bans Forex Capital Trading director for ten years and former employees for three to six years from providing financial services

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ASIC bans Forex Capital Trading director for ten years and former employees for three to six years from providing financial services
ASIC has banned the sole director and four former employees of retail over-the-counter (OTC) derivative issuer, Forex Capital Trading Pty Ltd (Forex CT), from providing financial services for periods ranging from three to ten years.
Forex CT employed account managers who encouraged clients to trade in high-risk contracts-for-difference (CFDs) and margin foreign exchange contracts (FX Contracts) products issued by Forex CT.
Forex CT chief executive officer, responsible manager and sole director, Shlomo Yoshai, has been banned for ten years. ASIC found Mr Yoshai’s lack of understanding or regard for compliance was so serious it justified the making of the banning period for such a significant period, particularly given he was someone who oversaw the operations of Forex CT. ....

Andrew Tran , Huy Minh Andy Hoang , Benjamin Esler , Shlomo Yoshai , Jarrod Popuard , Jarrod Poupard Team , Forex Capital Trading Pty Ltd , Benjamin Esler Team , Corporations Act , Wall Street , Thuy Minh , Jarrod Poupard , Andy Hoang , Federal Court , Australian Securities And Investments Commission , Financial Services , Civil Penalty , ஆண்ட்ரூ டிரான் , ஹுய் மிந் ஆண்டி ஹோங் , அந்நிய செலாவணி மூலதனம் வர்த்தக ப்டி லிமிடெட் , நிறுவனங்கள் நாடகம் , சுவர் தெரு , ஹுய் மிந் , ஆண்டி ஹோங் , கூட்டாட்சியின் நீதிமன்றம் , ஆஸ்திரேலிய பத்திரங்கள் மற்றும் முதலீடுகள் தரகு ,

Benjamin Heath Cooper charged with conspiracy to commit market manipulation

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Benjamin Heath Cooper charged with conspiracy to commit market manipulation
Benjamin Heath Cooper of Bexley NSW appeared on Friday 12 March 2021 in the Perth Magistrates’ Court charged with conspiracy with others to manipulate the market for the shares of Quantum Resources Limited.
ASIC alleges that, on 16 November 2015, Mr Cooper conspired with Avrohom Kimelman and Don Evans to manipulate Quantum’s share price, in contravention of sections 1041A and 1311(1) of the Corporations Act 2001 (Cth) and section 11.5(1) of the Criminal Code (Cth) (20-223MR).
Quantum is now known as Nova Minerals Limited.
At the time of the alleged offence, market manipulation carried a maximum penalty of ten years’ imprisonment. In March 2019, the maximum penalty for this offence was increased to 15 years imprisonment. ....

Western Australia , Don Evans , Benjamin Heath Cooper , Avrohom Kimelman , Nova Minerals , Perth Magistrate Court , Quantum Resources , Stirling Gardens Magistrates Court , Corporations Act , Criminal Code , Commonwealth Director , Public Prosecutions , Stirling Gardens Magistrates , Australian Securities And Investments Commission , Magistrates Court , Share Price , மேற்கு ஆஸ்திரேலியா , தாதா எவன்ஸ் , பெஞ்சமின் ஹீத் கூப்பர் , நோவா தாதுக்கள் , பெர்த் மாஜிஸ்திரேட் நீதிமன்றம் , குவாண்டம் வளங்கள் , ஸ்டர்லிஂக் தோட்டங்கள் நீதிபதிகள் நீதிமன்றம் , நிறுவனங்கள் நாடகம் , குற்றவாளி குறியீடு , காமன்வெல்த் இயக்குனர் ,

ASIC commences proceedings against Membo Finance over hardship requests

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ASIC commences proceedings against Membo Finance over hardship requests
ASIC has commenced civil penalty proceedings in the Federal Court against Membo Finance Pty Ltd (Membo) and its sole credit representative Richmond Group Financial Services Pty Ltd (RGFS) for alleged contraventions of the National Consumer Credit Protection Act (the Act).
These proceedings include allegations of failures by Membo and RGFS to comply with the Act when borrowers experienced financial hardship. Protecting consumers from harm at a time of heightened vulnerability during the pandemic is a priority for ASIC.
Membo and RGFS carry on a credit business trading as ClearLoans, which provides loans between $3,000 and $15,000 on a 12 to 60-month term with a fixed interest rate of 43 per cent per annum. All loans are secured by a personal guarantee, usually given by a friend or relative of the borrower. In the event of default by the borrower, ClearLoans attempts collection from the ....

Membo Finance Pty Ltd , Richmond Group Financial Services Pty Ltd , National Consumer Credit Protection , Australian Financial Complaints Authority , National Consumer Credit Protection Act The , Federal Court , National Consumer Credit Protection Act , Australian Securities And Investments Commission , Financial Services , Civil Penalty , Covid 19 , ரிச்மண்ட் குழு நிதி சேவைகள் ப்டி லிமிடெட் , தேசிய நுகர்வோர் கடன் ப்ரொடெக்ஶந் , ஆஸ்திரேலிய நிதி புகார்கள் அதிகாரம் , தேசிய நுகர்வோர் கடன் ப்ரொடெக்ஶந் நாடகம் தி , கூட்டாட்சியின் நீதிமன்றம் , தேசிய நுகர்வோர் கடன் ப்ரொடெக்ஶந் நாடகம் , ஆஸ்திரேலிய பத்திரங்கள் மற்றும் முதலீடுகள் தரகு , நிதி சேவைகள் , சிவில் தண்டம் , பதிவிறக்க Tamil , சர்வதேச பரவல் ,