FMA slaps crowd-funding platform with $7500 infringement fee
The company is yet to file financial statements, which were due last year.
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Can Jasper become a 'Sharesies' for property investors?
The Auckland firm wants to be the Sharesies of property investing.
FMA survey highlights rising popularity of online trading platforms
The FMA says investor confidence is running high, as is interest in online platforms.
High Court considers penalty for derivatives trader's breaches
The FMA said the firm failed in its legal obligations over nearly $50m in transactions.
Influencers warned not to give financial advice
Regulator concerned some may be straying into regulated financial advice.
High Court strikes out part of $278m claims against PwC
Judge says the claims can be regarded as 'frivolous, vexatious or an abuse of process'.
Judge rules against third CBL accused's continued anonymity
Businessman fears he would die from a stroke if his name was published in SFO case.
New stock exchange for SMEs to be launched
Catalist will target companies that are valued between $6m and $60m.
Shares trader behind $10m Ponzi scheme loses final appeal bid
Steven Robertson stole millions from his clients to fund a lavish lifestyle.
Derivatives trader admits anti-money laundering law breaches
Company accounts show the company made a $154m loss in 2020.
Wolves at the door: The woman fighting NZ's fraudsters and conmen
The internet has magnified the charm of the fraudster.
Abuse of NZ shell companies and trusts highlighted in global report
Sectors like banking and real estate were identified for potential vulnerability.
Markets watchdog warns fund managers about advertising phenomenal investment returns
Promoting gains without context can be misleading.
Markets watchdog takes Rockfort to task over misleading ads
The FMA has directed Rockfort Markets to remove or amend ads on its website.
Finance firm recorded $15m loss before FMA restricted trading
Auditor qualifies opinion on Auckland-based broker's accounts.
FMA chief executive Rob Everett to depart
Rob Everett has headed up the Financial Markets Authority for seven years.
ANZ fined $280,000 for misleading credit card insurance policies
"ANZ simply was not looking or looking adequately in the right places."
Financial adviser warned by regulator over KiwiSaver advice
Adviser told clients to move their KiwiSaver to low risk funds amidst Covid uncertainty.
Derivatives firm director a 'gun for hire', says FMA
Pegasus Markets was earlier fined $200,000 for the breaches.
ANZ credit card insurance breaches go back decades - court told
"It took time to chase rabbits down holes and identify what had gone wrong."
Regulator gives market manipulation warning amid rise in investor activism
FMA CEO Rob Everett says the rise in investor activism looks here to stay.
Broking firm fined $200,000 for 'blatant' breaches
NZ's financial watchdog started to crack down on misuse of the FSPR in 2017.
Smoke and mirrors: The story of a thieving 'trader' with many names
Rod Richard Makatea, Rodney Crichton and Rodney McCall are all the same man.
Home detention for stock trader still yet to pay back fraud victims
"I'm dealing with someone who is inherently dishonest," judge says.
Former Viaduct Capital director fails in costs bid after fraud convictions quashed
Richard Blackwood wanted more than $75,000 after having his convictions overturned.
Buyer beware: Cannabis start-up raising funds without mentioning expired licence
Pitchman and co-founder Aldo Miccio goes silent.
Former board member's 'high price' for GFC fraud
Paul Bublitz stole $1.17m and then sought almost the same amount for his legal costs.
Peter Harris' co-defendant continues SFO secrecy fight
The CBL saga continues after the insurance company collapsed with a market value of $747m.
Ex-Mutual Finance board member fails in bid to recoup $1.14m
"The offences of which he has been convicted are not minor or technical," judge says.
Regulator calls out concerning behaviour in financial services firms
Weaknesses were found in governance, conduct and culture and compliance controls.
Trading company, NZ director guilty of financial register misuse
Pegasus Markets Ltd also ignored a warning by the New Zealand Companies Office.
FMA lays more than 100 charges over Forestlands allegations
Allegations include failures to file financial statements in 2015, 2016 and 2017.
Covid-19 finance scam: FMA warns of watchdog impersonators
The woman's family needed cash after being "stranded in NZ" because of the pandemic.
Co-defendant in CBL fraud case argues for name suppression
The man faces charges of theft, obtaining by deception and false accounting.