Scoop has an Ethical Paywall
Scoop InfoPages
This InfoPage in unregistered, if this is your news page register Securities Commission for InfoPages here.
Securities Commission - Latest News [Page 6]
Cycle 5 of Financial Reporting Surveillance Prog.
Monday, 29 October 2007, 12:10 am | Securities Commission
The Commission reviewed financial reports of 40 issuers with balance date from 31 March to 30 September 2006. Twelve of the financial reports reviewed were prepared according to New Zealand Financial Reporting Standards (NZ IFRS). More >>
Commission Issues Report On Feltex Inquiry
Thursday, 11 October 2007, 12:49 am | Securities Commission
The Securities Commission has completed its inquiry into the IPO prospectus of Feltex Carpets Limited (“Feltex”) and the company’s compliance with financial reporting and continuous disclosure obligations. More >>
Review of ICP Biotechnology Limited
Monday, 17 September 2007, 4:48 pm | Securities Commission
The Securities Commission has completed its review of continuous disclosure in relation to ICP Biotechnology Limited’s projected revenue and EBITDA forecasts for the June 2007 financial year and allegations of insider trading against Dr Earl Stevens, former ... More >>
New powers proposed for finance company trustees
Thursday, 6 September 2007, 5:29 pm | Securities Commission
The Securities Commission has proposed immediate changes to the law to strengthen the position of trustees of finance companies and to assist them to perform their supervisory roles in the interests of investors. More >>
LDC Finance Limited receivership
Tuesday, 4 September 2007, 5:05 pm | Securities Commission
It was reported earlier today that LDC Finance Limited has been placed in receivership at the request of its directors. LDC, along with all other finance companies, had told the Commission last week that its prospectus was up to date and not false or ... More >>
All remaining finance companies report compliance
Saturday, 1 September 2007, 1:55 pm | Securities Commission
The Securities Commission has now received all reports it has sought from finance companies. All except one of the 67 finance companies that were asked to report to the Commission by today have confirmed that their current prospectuses comply with ... More >>
Finance companies report compliance
Thursday, 30 August 2007, 11:52 am | Securities Commission
All except one of the finance companies that were asked to report to the Commission by yesterday have confirmed that their current prospectuses comply with the law and are not false or misleading. The exception is Five Star Consumer Finance Limited ... More >>
Bridgecorp Prospectuses -- Securities Commission
Thursday, 12 July 2007, 4:02 pm | Securities Commission
The Securities Commission suspended the registered prospectuses of Bridgecorp Limited and Bridgecorp Investments Limited (BIL) on 29 June 2007, three days before Bridgecorp was placed in receivership. More >>
Securities Commission Completes Annual Review
Thursday, 28 June 2007, 10:18 am | Securities Commission
Securities Commission Completes Annual Oversight Review Of New Zealand Exchange Limited More >>
Commission accepts enforceable undertaking
Wednesday, 20 June 2007, 4:30 pm | Securities Commission
The Securities Commission has accepted an enforceable undertaking from contributory mortgage broker Contributory Mortgage Investments Limited (CMI), its nominee company Contributory Mortgage Nominees Limited (CMN), and its directors John Martin and Ron ... More >>
Midavia, Richwhite insider trading case settled
Tuesday, 19 June 2007, 11:27 am | Securities Commission
The Securities Commission has reached a settlement of the insider trading proceeding against Midavia Rail Investments Ltd BVBA (previously known as Pacific Rail Limited NV), which was a former Tranz Rail shareholder, and David Richwhite, a former director ... More >>
Australian property group in voluntary admin
Tuesday, 29 May 2007, 5:42 pm | Securities Commission
An Australian property investment group, that had been raising funds in New Zealand, has gone into voluntary administration. The Estate Property Group, including its finance company Australian Capital Reserve (ACR), appointed administrators yesterday, ... More >>
NearZero Inc. - Interim Liquidators Appointed
Wednesday, 23 May 2007, 4:02 pm | Securities Commission
Interim liquidators have been appointed for the New Zealand assets of NearZero Inc., a company incorporated in the State of Nevada, USA. The New Zealand operation is based in Nelson where NearZero’s sole director, Philip James Whitley resides. More >>
Investments Illegally Offerred By Nearzero Inc
Monday, 14 May 2007, 9:28 am | Securities Commission
The Securities Commission has banned advertisements for an offer of shares by NearZero Inc (NearZero). More >>
New wave of telephone share scams
Friday, 27 April 2007, 11:15 am | Securities Commission
“The Securities Commission is getting an increased number of inquiries about offers of investments from bogus overseas brokers,” Director of Market Supervision, John Mulry says. More >>
Securities Commission Bans Finance Co. Prospectus
Monday, 19 March 2007, 4:33 pm | Securities Commission
The Securities Commission has cancelled the prospectus of finance company Classic Capital Limited. The prospectus was banned because it omitted material information. Classic Capital Limited’s sole director, Mr Keith McCoy is bankrupt, banned from ... More >>
Beware of Telephone Share Scams
Monday, 12 March 2007, 4:59 pm | Securities Commission
The Securities Commission has released the names of two new telephone share fraudsters calling New Zealanders. Chase Capital Inc from the United States of America and Tradex Corporation from China are the most recent companies calling New Zealanders with ... More >>
Review of Trading in Wool Equities Limited
Thursday, 1 March 2007, 5:05 pm | Securities Commission
The Securities Commission has completed a review of trading in the shares of Wool Equities Limited. This matter was referred to the Commission by NZX on 22 November 2006, following a complaint by some shareholders. More >>
MOU with Dubai Financial Services Authority
Tuesday, 27 February 2007, 12:53 am | Securities Commission
The Securities Commission has signed a memorandum of understanding with the Dubai Financial Services Authority. More >>
Commission wins small workplaces category
Friday, 23 February 2007, 11:28 am | Securities Commission
The Securities Commission has topped the small workplaces category in the Unlimited/JRA Best Places to Work in New Zealand Survey 2006. More >>
