CommSec has been slapped with a $700,000 fine and has refunded $1.1 million after failing to properly disclose certain information to clients, and making inadequate identity checks of some customers.

The managing director of the country’s largest stockbroker, Commonwealth Bank’s CommSec platform, has told the company that he will resign at the end of June. Richard Burns has headed CommSec, which ...

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 ...

CommSec’s James Gruber claims the Australian share market is expected to open lower on Thursday ...

CommSec’s James Gruber claims the Australian share market is expected to open lower this morning.

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 ...

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 ...

Mr Paton – a former Deutsche Bank employee and hospitality and property entrepreneur – told The Australian he was not backing down in his fight against CBA. His matter is currently being examined in ...

Commonwealth Securities (CommSec) has been forced to pay $50,000 to the Australian Securities and Investments Commission (ASIC) as penalty for its involvement in a misleading appearance of trading ...

Canadian-controlled TD Waterhouse Australia has finally decided to quit its discount stockbroking operations after a difficult five years, selling the division to Australia's biggest online retail ...

CommSec, the Commonwealth Bank's stock trading arm, has agreed to pay a $55,000 to The Australian Communications and Media Authority (ACMA) after breaching the Spam Act during 2009. According to ACMA, ...

Due to its affiliation with the Commonwealth Bank, CommSec is one of the most well-known trading platforms. However, it has its downsides, notably its fees. Various other platforms provide competitive ...