Financial Markets Authority orders stock-tip website Kalkine to stop making sales calls

Financial Markets Authority orders stock-tip website Kalkine to stop making sales calls
Kalkine is a self-described equities research firm founded by Sydney-based Kunal Sawhney. (Photo: Kalkine)
Dan Brunskill
The Financial Markets Authority has directed equities research website Kalkine to stop making outgoing sales calls after receiving complaints about its outlandish claims.  Kalkine is a self-described equities research firm founded by Sydney-based Kunal Sawhney and it holds a transitional financial advice provider licence in New Zealand. The FMA said it received several complaints about the company’s marketing and unsubstantiated claims that were made during sales calls.The regulator said it analysed recordings of calls made by K...

More Markets

If Māui closes, Methanex's future is murky says Fuge
Markets

If Māui closes, Methanex's future is murky says Fuge

A constant state of unease is needed in the energy sector says Contact boss.

Phasing out $6b capital layer unlikely to dent banks’ ratings
Finance

Phasing out $6b capital layer unlikely to dent banks’ ratings

Banks’ credit ratings likely unmoved if Additional Tier 1 capital phased out. 

NZX lifts 0.2% as markets wait for US Fed decision
Markets Market Close

NZX lifts 0.2% as markets wait for US Fed decision

The S&P/NZX 50 gained 0.2% to 13,234.89 points on Tuesday.

Gregor Thompson 16 Sep 2025