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Companies dodging regulation a headache for FMA
Wednesday 13th of April 2016
It says it has received more than 2000 complaints since mid-2014 relating to investments that fall outside New Zealand’s financial regulations.
The proportion of complaints relating to such schemes is increasing quickly.
Director of regulation Liam Mason said investors did not realise the consequences of investing in products that were not regulated.
More than half of all c...
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