Unlisted rejects NZX claim exemption to new rules would undermine confidence in NZ markets

Thu, 23 Apr 2015

By Tina Morrison April 23 (BusinessDesk) - Unlisted, the share trading platform, is rejecting claims by stock market operator NZX that its request to be exempted from new rules that would make it a licensed market could undermine confidence in New Zealand's financial markets. "Unlisted has been a significant contributor to the hard-fought gains in building investor confidence in New Zealand, engaging with regulatory agencies and operating without incident for over a decade on a basis well understood and respected by its market participant...

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