FMA seeking consultation on changes to DI licences

FMA seeking consultation on changes to DI licences
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – is seeking consultation until August 7 on potential changes to the standard conditions imposed on Derivative Issuer (DI) licences.The proposed changes relating to leverage and the suitability of investors for derivative trading were identified in the FMA’s 2020 Derivatives Issuer Sector Risk Assessment (SRA) and subsequent monitoring of the sector.Investing with leverage increases the risk by enabling an investor to have much greater exposure to an increase and d...
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