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Wholesale Investment Rules Under Fire | Auckland News
The government is poised to overhaul New Zealand’s wholesale investment rules, targeting loopholes that let inexperienced investors access high-risk deals. Proposed changes include tightening eligibility criteria, extending investor certification periods, and restricting public promotion of these offers — all aimed at protecting vulnerable investors from risky opportunities. But critics warn the reforms could backfire by overburdening market participants and driving capital overseas. With regulators already watching closely and a recent High Court ruling adding legal complexity, the debate is…
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