NZX participant rule review would jettison overlap with FAA, FMA rules, increase surveillance

Mon, 15 Aug 2016

By Jonathan Underhill Aug. 15 (BusinessDesk) - NZX's review of market participant rules would trim out overlap with other rules and regulations while allowing the market operator to beef up its surveillance tools, according to a consultation paper that reflects feedback from stakeholders such as brokerages. The paper is a follow-up to an initial NZX report on participant rules released last November and shows almost universal agreement for the NZX to narrow the focus of its rules to market conduct and step back from other areas such as fi...

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