New Zealand Brokerage Owner Orchestrates $7M Ponzi Scheme

Setting up a financial company these days has become a relatively easy task. If you happen to execute a scheme in New Zealand, today’s news proves that it might be a bit too easy. The long-ongoing issues of m...

ASIC Suspends AFS License of Halifax

The Australian Securities and Investments Commission (ASIC) announced this Monday that it has suspended the Australian financial services (AFS) license of Halifax Investment Services Pty Ltd until January 10,...

NZX Reports Steady Metrics for August

NZX, the only registered securities exchange in New Zealand, today announced its monthly shareholder metrics for the month of August 2017. The results show a healthy build in the total trades made on the exch...