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FMA takes property syndications to task

Chris Hutching for NBR NZ Property Investor
Tue, 11 Sep 2012

The Financial Markets Authority will overhaul the class exemption notice for real property proportionate ownership schemes.

It is seeking comments on its proposal, just as troubles in the SPI Capital syndicates are being reported in NBR NZPI. Some of these syndicates are being wound up and

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Chris Hutching for NBR NZ Property Investor
Tue, 11 Sep 2012
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FMA takes property syndications to task
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