UPDATE: FMA gives NZX clean bill of health on overseeing markets

Tue, 26 May 2015

(Adds FMA comment, fixes Garth Stanish's name in 4th graph) By Fiona Rotherham May 26 (BusinessDesk) - For the first time in four years the Financial Markets Authority has given New Zealand’s markets operator, NZX, a clean bill of health in the way it has met its statutory obligations to run the markets in a fair, orderly and transparent way. In the fourth annual review of NZX’s obligations, the FMA said it was satisfied the stock market operator was now carrying out its role as a frontline regulator effectively and for the first time...

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