FMA gets clarification of investor eligibility for wholesale offers – but not quite the clarification it wanted.
Annual suspensions remain steady.
Power company faces seven charges under Fair Trading Act.
Significant changes to employment relations start today.
Other Viaduct Capital and Mutual Finance directors receive home detention.
Four Mainzeal directors have now filed appeals.
Linsa director is former Western Bay Finance founder.
Parole Board said Ross' offending had been 'on a scale unprecedented in this country' that brought misery to hundreds of people, most ruined financially.
Other directors yet to confirm their position but appeals expected.
Vector chief network officer Andre Botha says the breaches were not designed to extract maximum profit.