'He took everything’: Broker admits blowing investors' $60k on sports betting
"I’ve done something unforgivable. There’s no defence for what I did."
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Latest from Financial Markets Authority
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.
KiwiSaver provider Simplicity told to remove misleading advertising by regulator
FMA says Simplicity's adverts breached fair dealing provisions.
Business Hub: Samantha Barrass on returning home and running the FMA
Samantha Barrass hasn't lived in NZ for 30 years.
Banker behind Ponzi scheme became painter behind bars
The 72-year-old once handled millions of dollars but now dabbles as an artist.
FMA wholesale property fund probe sought investor client names
Some found this "invasive" and worried about handing over the information.
Questions raised over time taken to pursue Pushpay insider trading case
The case stems from when $100 million worth of shares were sold in June 2018.
Market close: NZ shares shaking off nasty January falls
Market follows offshore leads.
Rare insider trading prosecution over Pushpay shares sale
The FMA alleges inside information was used prior to a market announcement in 2018.
Medical Kiwi admits to making false and misleading statements in share offer documents
The company launched a crowdfunding offer in August 2020.
FMA revokes first firm's transitional financial advice provider licence
Regulated financial advisors for retail clients must hold, or operate with, a FAP licence.