Price sensitive? Not our responsibility, says NZX
Lawyer surprised that NZX will not wait for ASX to complete its own review on whether to scrap trading halts.
Calida Smylie
Thu, 14 Jul 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
The NZX’s plan to shift responsibility on to issuers for telling the market about price sensitive information could still let large investors take advantage, says a corporate lawyer.
The stock market operator plans to change the way it flags price-sensitive announcements which attract short
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Calida Smylie
Thu, 14 Jul 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.