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Securities Commission hampered, says new report
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- News Source: New Zealand Herald | 2 months agoFunding for the Securities Commission has fallen short of what is required for it to execute its expanding range of duties and the situation is set to worsen with new responsibilities, says chairwoman Jane Diplock. But Commerce Minister Simon Power...
- News Source: Xtra News | 2 months agoReviews of financial market architecture continue Thursday September 24, 04:08 PM The financial markets meltdown, in which many investors lost money on investments they did not appreciate the risk of, has triggered a review or two...Today's report...
- News Source: Scoop | 2 months agoThe Walter/Prada report concludes that "even allowing the small size of New Zealand's market, resourcing levels here are very light by comparison with overseas countries."...The Walter/Prada review urges the commission to be more proactive publicly,...
- News Source: New Zealand Herald | 2 months agoInvestors' watchdog the Securities Commission is handicapped by being kept on too short a leash both in terms of the tools at its disposal and available resources, however it has failed to bark as loudly as it might to warn of risks, a report on its...
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