FMA to license high risk short-term derivatives firms
Short-term derivatives firms inside and outside New Zealand will need to be regulated by year's end.
Fiona Rotherham Mon, 03 Apr 2017
The complexity and high-risk nature of short-dated derivatives and the volume of complaints about them has forced the Financial Markets Authority to tighten its regulatory oversight.
The regulator says firms selling short-duration derivative products such as binary options and
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