Lack of FMA oversight lets investigations drag on, NZSA chair Hawkins says

Sun, 19 Aug 2018

By Paul McBeth Aug. 20 (BusinessDesk) - Limited oversight of the Financial Markets Authority has let the watchdog drag its heels on investigations into listed company failures such as CBL Corp and Wynyard Group, New Zealand Shareholders' Association chair John Hawkins says. The retail investor group held its annual meeting in Auckland on Saturday, where Hawkins was re-elected to the role. He had planned to vacate the position but has put that off until a replacement is locked in. He lauded efforts by NZX management under new chief execut...

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