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)

Tue, 30 Aug 2022

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...

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