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Found 5 results. Displaying page 1 of 1

  1. 20 May 2016

    Direction Order relating to Cambrian Corporation Limited

    160520 Cambrian Corporation Ltd Direction Order The Financial Markets Authority has issued a Direction Order to Cambrian Corporation Limited because they did not comply with section 19 (1) (b) and section 23 of the Financial Markets Conduct Act.  The breaches concerned conduct that was misleading and deceptive in relation to the promotion by Cambrian of the use of a financial service (namely intra-d...

    https://fma.cwp.govt.nz/news-and-resources/enforcement-and-court-decisions/orders/direction-order-relating-to-cambrian-corporation-limited/

  2. 27 July 2015

    Stop order: Prohibition to offer debt securities issued to Green Gardens Finance Trust Limited

    150727 Stop Order Green Gardens Finance Trust Limited The FMA has issued the order because: the website of Green Gardens Finance Trust Limited at http://ggfinance.co.nz includes an advertisement for an offer of debt securities that does not comply with section 91 or 92 of the FMC Act the website of Green Gardens Finance Trust Limited at http://ggfinance.co.nz is a restricted communication which is likely to mislead or confuse in a material particular Green Gardens Finance Trust Limi...

    https://fma.cwp.govt.nz/news-and-resources/enforcement-and-court-decisions/orders/stop-order-prohibition-to-offer-debt-securities-issued-to-green-gardens-finance-trust-limited/

  3. 23 January 2015

    Notification of Warning: individual trader – market manipulation

    The Financial Markets Authority (FMA) has issued a warning to an individual in relation to suspected market manipulation. Following an investigation by the FMA, it concluded that trading by the individual in question has likely breached the Securities Markets Act 1988 (the Act) in the following ways: The individual entered a number of buy and sell orders for a publically listed security, resulting in four trades with no change in beneficial ownership.  Section 11C of the Act creates a presu...

    https://fma.cwp.govt.nz/news-and-resources/enforcement-and-court-decisions/orders/notification-of-warning-individual-trader-market-manipulation/