Bruce Sheppard at odds with shareholder lobby over Unlisted rule exemption

Thu, 18 Jun 2015

By Tina Morrison June 18 (BusinessDesk) - Bruce Sheppard, former chairman of the New Zealand Shareholders Association, is at odds with the lobby group he founded in 2001 because he supports Unlisted's application for an exemption from becoming a listed market under new rules. Sheppard, who was chair of the NZSA until 2010, says in a submission that he supports Unlisted being granted an exemption, provided the companies listed on its share trading platform publish an insider trading code on the site, and that it imposes restrictions on som...

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