FMA has stern words for NZX over market inquiries
The NZX has done a good job regulating market participants but there's room for improvement, the FMA says.
Campbell Gibson
Thu, 29 Jun 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The NZX's [NZX: NZX ] regulation and enforcement need beefing up, the Financial Markets Authority says.
The market watchdog says the Wellington-based stock exchange operator generally investigates potential breaches adequately but there were some instances where “the level of inquiry fell short
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Campbell Gibson
Thu, 29 Jun 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.