UPDATE: NZ Shareholders' Assn elevates capital market concerns to PM

(Adds FMA comment in 7th and 8th paragraphs, removes ambiguity in 3rd paragraph)
By Paul McBeth
Sept. 19 (BusinessDesk) - The New Zealand Shareholders' Association has elevated its concerns about dwindling confidence in capital markets to the very top - the prime minister.
The retail investor lobby group has already met with Finance Minister Grant Robertson and Commerce Minister Kris Faafoi to convey its worries about declining market confidence. Now it has raised the stakes by writing to Prime Minister Jacinda Ardern.
NZSA chair...
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