Hotchin statement on asset freezing order Hanover Finance confirms that it was advised by the Securities Commission on Monday 13 December that the Commission had obtained without notice freezing Orders with respect to certain New Zealand assets it believed to be associated with Hanover director Mark Hotchin.A power to seek such orders was introduced into the Securities Act in October 2006.Freezing orders have not been made against any other director or former director of any member of the Hanover group. NBR Contributor Wed, 15 Dec 2010 BusinessHanover FinanceThe Securities CommissionMark Hotchin
Premium Diplock confident Sec Com will survive reforms The Securities Commission hopes to take a leading role in the creation of a one-stop shop regulatory agency for domestic capital markets.Speaking at the Conferenz regulatory evolution summit in Wellington today, Commission chairwoman Jane Diplock described the current regulatory framework as a “patchwork of add-ons and fixes.” NBR Contributor Tue, 27 Apr 2010 BusinessPoliticsThe Securities CommissionSecurities Act
