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Law
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Halifax investors learn their fate

Broker’s commingling of funds means most investors must share the shortfall.

Tim Hunter Wed, 19 May 2021

The High Court has issued complex orders for the distribution of assets to clients of failed broking firm Halifax NZ and its Australian parent, including a requirement that some pay fees to liquidators.

Halifax NZ offered derivatives trading services, particularly contracts for difference, as

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Tim Hunter Wed, 19 May 2021
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Halifax investors learn their fate
Law,
87460
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