Regulations blamed for stockbroker shutdown

Incoming regulations governing financial advisers been blamed for a discount stockbroking service deciding to shut down.NZIJ Stockbrokers, formerly Reuhman & Co, says it is closing down because it is too expensive to comply with the regulations, given

Niko Kloeten
Thu, 25 Nov 2010

Incoming regulations governing financial advisers been blamed for a discount stockbroking service deciding to shut down.

NZIJ Stockbrokers, formerly Reuhman & Co, says it is closing down because it is too expensive to comply with the regulations, given the company’s low-cost business model.

A note to

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