NZX makes clearer distinction between regulatory, market functions

Wed, 27 Jun 2012

June 28 (BusinessDesk) - NZX, the stock market operator, is creating a new markets group and regulatory team to make a clearer distinction between the two roles, says new chief executive Tim Bennett. As a result of the changes, NZX has created two new positions – a chief financial officer and a head of cash markets. It named Simon Smith as head of market services while current head of market supervision Robyn Dey will lead “a more tightly focused regulation team,” Bennett said. “The time is right to build on the solid base that has been deve...

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