50% return? Flat Bush developers target wholesale investors
Offer comes amid FMA scrutiny of wholesale investment schemes
Offer comes amid FMA scrutiny of wholesale investment schemes
But review found the conflict of interest did not impact KiwiSaver default appointments.
Wholesale investments and cybersecurity are in the sights of new regulatory head.
FMA says Simplicity's adverts breached fair dealing provisions.
Samantha Barrass hasn't lived in NZ for 30 years.
The 72-year-old once handled millions of dollars but now dabbles as an artist.
Some found this "invasive" and worried about handing over the information.
The case stems from when $100 million worth of shares were sold in June 2018.
Regulated financial advisors for retail clients must hold, or operate with, a FAP licence.
It has prompted a warning from the financial regulator, urging people to spot red flags.
Everett finishes up in his role on Friday after nearly eight years in the top job.
An investor is still trying to recover tens of thousands of dollars he paid to 'G-Clubs'.
'A derivatives issuer failing to handle client money appropriately is serious.'
New Talisman's chief executive Matt Hill has been given notice.
If investors had any concerns around these issues "they should just walk away" - FMA.
Financial Markets Authority is yet to announce any action against Du Val.
A new report detailed anti-money laundering monitoring insights for the past three years.
Kiwi Samantha Barrass will return to New Zealand to take up the role.
About $40.8m of the $50m in suspicious transactions related to deposits by two customers.
The investing platform is cooperating with the regulator to meet its legal obligations.
The CEO allegedly went by the usernames "bullish" and "Epithermal".
In a global game of whack-a-mole there's little authorities can do but warn against scams.
Research reveals what is driving Kiwis to use online investment platforms.
AIA's behaviour exacerbated and prolonged the harm to vulnerable customers, watchdog says.
FoxPlan's authorised financial advisers may have not complied with disclosure obligations.
The pandemic has also seen aggressive marketing for unregulated products such as crypto.
The company is yet to file financial statements, which were due last year.
The Auckland firm wants to be the Sharesies of property investing.
The FMA says investor confidence is running high, as is interest in online platforms.