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Law
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FMA seeks clarity from Court on wholesale investment eligibity

Plus: Westpac admits to misleading misrepresentations that resulted in $6.5m in overcharging.

The Financial Markets Authority has filed a case stated proceeding seeking clarity from the High Court on legal issues about the use, confirmation and acceptance of eligible investor certificates in the wholesale investment sector.

The ever-increasing number of unregulated investments being touted

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Fiona Rotherham Mon, 23 Dec 2024
Contact the Writer: fiona@nbr.co.nz
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FMA seeks clarity from Court on wholesale investment eligibity
Law,
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