Securities law overhaul threatens to make offer documents too simple, INFINZ says

Fri, 19 Apr 2013

By Paul McBeth April 19 (BusinessDesk) - The government's planned overhaul of decades-old securities law threatens to make the short-form offer documents that many investors rely on too simple by limiting directors from judging what needs to be included, according to the lobby group for finance sector professionals. The Ministry of Business, Innovation and Employment sought feedback on a number of proposed regulations in the Financial Markets Conduct Bill, to provide the details of the legislation. Among those regulations, is the level of pr...

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