ASIC 31/1/14
Pershing Securities Australia Pty Ltd (Pershing) has paid a penalty of $15,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). Intermediaries had access to and used Pershing’s client application and amendment manager application (CAAMA) to set up trading accounts with Pershing on behalf of the Relevant Pershing Clients. The set-up of the trading accounts for the Relevant Pershing Clients was performed either by Pershing or by the Intermediaries who had access to CAAMA.
So looks like an onion metoo.
IGS Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held
