Scoop has an Ethical Paywall
Financial Markets Authority
FMA
The Financial Markets Authority
2 March 2011
Financial Markets Authority Chairman designate Simon Allen and CEO designate Sean Hughes welcomed the Select Committee report and cross party consensus reached on further defining the role and powers of the FMA.
Both Mr Allen and Mr Hughes said they were comfortable with the key changes recommended by the Commerce Select Committee.
“We look forward to the FMA’s establishment and to starting work in earnest in May.
“Through our work with the Establishment Board, we have already made considerable progress toward establishing the new authority.
“It’s a huge challenge and responsibility to be tasked with the job of facilitating the growth and supervision of New Zealand’s securities markets.”
Ends
Zhenbo Wang, The Conversation: From New Commercial Moon Landers To Asteroid Investigations, Expect A Slate Of Exciting Space Missions In 2025
Worldline: Boxing Day Spending Up On Last Year, But Pre-Christmas Spending Is Slightly Down
Skoltech: Scientists Reinvent Physical Laws Governing Formation Of Snowflakes, Raindrops, And Saturn’s Rings
Trademe: Trash To Treasure - Kiwi Make The Most Of Unwanted Christmas Gifts 
Financial Markets Authority: FMA Seeks Clarity From High Court On Use Of Eligible Investor Certificates In Wholesale Investment Sector
Scion: Scion’s Novel Internship Model Connects Talent With Industry
