Auckland and Wellington, New Zealand based OM Financial Limited (OMF) today announced the immediate appointment of Matt Blackwell to the role of Chief Executive Officer and Managing Director. OMF, regulated by the Financial Markets Authority is a NZ owned and operated, full service brokerage firm with a strong and established reputation in the financial markets.…
Read moreThere is a new deregistration notice published on the website of New Zealand’s Financial Service Providers Register (FSPR) today, with the list including the names of businesses and individuals removed from the register in December 2015 and January 2016. A total of 226 firms and individuals got removed from the register in December and January,…
Read moreAnother deregistration notice was published on the website of New Zealand's Financial Service Providers Register (FSPR) earlier today, with the list including the names of businesses and individuals removed from the register in November last year. A total of 66 businesses and individuals were deregistered from the list, a much smaller number than the 155…
Read moreA total of 155 individuals and companies were deregistered from New Zealand's Financial Service Providers Register (FSPR) in October 2015, in a move highlighting the strict reputation of local authorities. The number of individuals and businesses deregistered is way higher than the 119 entities that lost their registration in September this year. The deregistration is…
Read moreNew Zealand's Financial Markets Authority (FMA) today confirmed the appointment of Paul Gregory in the role of director of external communications and investor resources. Mr. Gregory will be joining the FMA’s executive committee from the NZ Super Fund where he has been since March 2009, firstly as head of communications before shifting to the investments…
Read moreNew Zealand's financial authorities have solidified their strict image, as a total of 119 individuals and companies were deregistered from the Financial Service Providers Register (FSPR) in September 2015. The latest Deregistration Notice was published on the FSPR website earlier today. All of the companies and individuals mentioned in the notice have been deregistered under…
Read moreNew Zealand's FMA adds Director of Capital Markets as well as Strategy & Risk offices, while beefing up its organizational structure.
Read moreThe Forex broker owes approximately NZ$7 million (US$4.68 million) to some 1,100 clients, whereas the current amount of funds recovered is 10 times smaller.
Read moreIn its Annual Report 2015, the regulator notes that its project to deregister companies from the Financial Service Providers Register is a vital step in addressing the high number of complaints about online Forex trading platforms.
Read moreThe broker claims to be regulated by the New Zealand Securities and Exchange Commission, a non-existent regulator.
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