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 ...

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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 Australian Securities & Investments Commission kicked off proceedings in the Federal Court on Monday alleging a litany of “systemic compliance failures” from the two businesses. ASIC alleges ...

CBA’s trading plan CommSec has agreed to pay a $20m fine for ‘significant’ overcharging over a decade, subject to court approval. The Australian Securities and Investments Commission will also hit ...

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 ...

On Wednesday, the Federal Court ruled that Commonwealth Securities Limited, better known as CommSec, had to pay a $20 million fine. The Australian Investment Exchange Limited (AUSIEX) had to pay a ...

Add articles to your saved list and come back to them anytime. The country’s largest online broker, CommSec, is yet to pay refunds to traders affected by the ASX’s five-week service outage last year ...

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 ...