Highest penalties to date for duo involved in market manipulation
The final two of four people involved in the FMA's case receive their penalties.
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Latest fromFinancial Markets Authority
Watchdog puts kibosh on crypto company
In-validus: Mega-return offers were too good to be true, FMA says.
Tiger Brokers to pay $900,000 for breaching anti-money laundering laws
Chinese-backed broker in hot water over non-compliance.
'I'm not usually gullible': Duped pensioner loses $1.5m fortune in sharemarket scam
'They were draining me out and sucking me in.'
‘Worst night of my life’: Man who lost $400k says 'money mule' a disbarred lawyer
'They’re absolutely ruthless criminals and they need to be stopped'.
Investment scam warning over ‘interest rates comparison’ site
Some victims have lost hundreds of thousands of dollars to such scams, FMA says.
FMA takes Medical Assurance Society to court over fair dealing breaches
'Errors and deficiencies' in Medical Assurance Society systems.
Loo charged over forgery, fake FAP licence allegations
Watchdog claims financial advice given, forged letter used.
Financial markets watchdog censures Aurora Financial Group
Company penalised for misleading existing and potential clients about KiwiSaver returns.
'He took everything’: Broker admits blowing investors' $60k on sports betting
"I’ve done something unforgivable. There’s no defence for what I did."
FMA warns Du Val for misleading, deceptive statements
Du Val Group would potentially seek to list a new company on the NZX.
Finance sector urged to support customers through tougher economic times
Regulator says making sure there is assistance is a priority.
FMA suspends The Property Crowd licence for non-compliance
Business 'has a poor understanding of its regulatory obligations'.
FMA seven-fund warning: How industry responded
'We will update our systems and processes after this warning': Matthew Horncastle.
FMA wholesale property probe finds documents 'non-compliant'
True risks of wholesale schemes raises alarm; warnings issued to change ways.
FMA suing Vero on claims of overcharging customers $8m
Action dates back to allegations of activity from more than eight years ago.
Pushpay insider trading case: Accused argues for anonymity
The case is the largest such proceeding in NZ history by the value of shares traded.
Life insurer penalised $700k for misleading customers
"Real harm" after failing to correctly pay cover to some sick or disabled customers.
Andrew Barnes: 14 years on from the GFC, have we learned anything?
Opinion: Many rules are wayward or let people with better lawyers act with impunity.
Life insurance payouts to wronged customers climb to $43m in four years
And the regulator believes there will be more to come.
Te wiki o te reo Māori: What businesses are doing
Businesses have big plans to go even further this year - kōrero nui.
Booster superannuation fund members' details hacked
Thousands of customers have had their information accessed.
Only a third of Kiwis know what to do if their bank or insurer treats them unfairly
New consumer research reveals Kiwis' views on banks and insurers.
Investors relying on 'leap of faith' for ethical fund choice
FMA tells investment managers they need to do better when it comes to ethical funds.
Active vs passive investing: What you need to know
S&P Dow Jones makes a case for passive investing.
KiwiSaver's ostrich effect
It may not feel a priority, but don't ignore KiwiSaver, says FMA.
Watchdog bans $20m scheme for units offering 50% return
Today's move follows an earlier temporary freezing measure.
Equitise fined $7500 for failing to file accounts on time
The company has also been late filing a number of other reports.
Experts welcome FMA 'stop' on Flat Bush 50% return scheme
"The industry as a whole benefits from this type of market regulation," Mark Francis says.
Insider information behind dumping of millions Pushpay shares - FMA alleges
Name suppression continues for defendant who pleads not guilty to rare charge.
FMA moves against Longhorn fund forecasting 50pc return
Watchdog places interim stop order on the scheme.
50% return? Flat Bush developers target wholesale investors
Offer comes amid FMA scrutiny of wholesale investment schemes
Regulator pulled up for poor handling of conflict of interest by former CEO
But review found the conflict of interest did not impact KiwiSaver default appointments.
New FMA boss plans to tackle wholesale investment
Wholesale investments and cybersecurity are in the sights of new regulatory head.