FMA boss Everett sees changing landscape under new legislation

Thu, 27 Nov 2014

By Paul McBeth Nov. 28 (BusinessDesk) - Financial Markets Authority chief executive Rob Everett expects sweeping changes to securities law will change the landscape for the sector by putting more emphasis on the investing public. The second phase of the Financial Markets Conduct Act comes into effect on Monday extending licensing provisions to several hundred more businesses and requiring more concise and clearer disclosure documents for financial products and introducing an online register for material information on offers covered by th...

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