CORRECT: Unlisted mulls FMA licence as deadline looms, NZX rival gets exemption

Mon, 14 Jul 2014

(Fixes Craig Foss's title in fourth paragraph) By Suze Metherell July 14 (BusinessDesk) - Unlisted, the share trading platform run by Armillary Private Capital, is mulling an application to be a registered market or seek to be exempted ahead of a Dec. 1 rule change after rival NZX gained a ministerial exemption. Earlier this month the NZX's new market received an exemption from commerce minister Craig Foss, allowing New Zealand's only registered stock market operator to run its proposed new market with less onerous disclosure o...

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