Securities Commission Of New Zealand
The Securities Commission was an independent Crown Entity of the government of New Zealand and the main regulator of investments. It was replaced on the 1 May 2011 by the Financial Markets Authority (New Zealand).
It was responsible for enforcement, monitoring and market oversight of the securities markets, authorising participants and promoting public understanding of investments. This includes authorising the New Zealand Stock Exchange with which it runs a co-regulatory model.
On 27 April 2010 the New Zealand minister for commerce Simon Power announced that Securities Commission would be replaced by a new integrated financial regulator the Financial Markets Authority.
Read more about Securities Commission Of New Zealand: History, Responsibilities and Functions, Notable Cases, See Also
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