INTL FCStone fined, censured for 'reckless' breach of NZX rules

Mon, 08 Apr 2019

By Paul McBeth April 9 (BusinessDesk) - Global financial services firm INTL FCStone Financial has been fined and censured by the stock market operator for recklessly breaching listing rules a number of times since its accreditation less than four years ago. The New Zealand Markets Disciplinary Tribunal found INTL FCStone fell short of its obligations on two occasions last year, taking its total breaches of listing rules to seven since its accreditation as an NZX clearing participant in November 2015. While the breaches weren't relate...

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