Market regulators NZX and FMA defend disclosure by companies involved in 1080 threat

Wed, 11 Mar 2015

By Fiona Rotherham March 11 (BusinessDesk) - Market regulators, the NZX and the Financial Markets Authority, say they’re confident the approach they took to disclosure of the 1080 contamination threat by listed companies involved was appropriate in the "unusual circumstances", but they will be checking for any suspected market manipulation or insider trading. Under the NZX Main Board Rule and the Financial Markets Conduct Act listed companies are required to immediately disclose any "material information" concerning their businesses to NZ...

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