Wellington, Sept 24 NZPA - The financial markets meltdown, in which many investors lost money on investments they did not appreciate the risk of, has triggered a review or two.
Wellington, April 20 NZPA - Propertyfinance Securities Ltd (PSFL) has run foul of the Securities Commission for over-selling the merits of a restructuring. The finance company was placed in receivership in August 2007 and is owned by listed company Property Finance Group Ltd.
New Zealand has laws that regulate the way investments are offered to people. The laws are not designed to protect investors against