Login
Login

Your trusted CPD partner

SAU97

Securities Act Update

NZ $27.50
incl GST
Author(s): Liz Hickey, Gillian Goodwin D
Published: 16 July, 1997
Pages: 48

   

Introduction


This history of the changes introduced to the Securities Act, the Financial Reporting Act, the Unit Trusts Act and the Superannuation Schemes Act and the history of the introduction of the Investment Advisers (Disclosure) Act 1996 (the “IA Act”) are inextricably linked. Indeed, until almost the final draft of the various amending statutes and the new statute, there was only one act - amending the Securities Act and incorporating the investment adviser disclosure regime.

In understanding the new regime, it is helpful to understand the underlying economic and political impetus which led to the changes. It is also important to understand the existing statutory framework within which those changes were introduced.

 

Content outline

  • Background to the changes
    • Product disclosure requirements prior to 1996
    • Other statutes of general application to investment product disclosure
    • Giving of investment advice prior to 1996
    • The overseas position with respect to financial advisers and planners
    • The case for change in New Zealand
    • Impetus for regulation from the Accord on Retirement Income Policies
    • The working group and the new legislation
  • Investment advisers
    • The regulation of the giving of financial advice and the receipt of investment moneys
    • Disclosure regime for investment advisers and investment brokers
  • Investment products disclosure
    • Principles underlying the new legislation
    • Securities offered to the public - implication of the new legislation
    • Prospectuses
    • What is an advertisement?
    • Investment statement
  • Enforcement
    • Enforcement actions relating to the content of an investment statement, by reason of it being an advertisement
View contents page

You might also be interested in ...

Registrant Details

Use this window to add all the registrants you wish to register on behalf of. If you want to attend the course also, ensure you add yourself as one of the registrants. Make sure you press ‘save’ after adding each new registrant.

Proceed to Checkout

The New Accounting Standards - what lawyers need to know

Publication Date: 02-Nov-2006

Author(s): Denham Shale, Michele Embling, David Blakey

NZ $35.00
incl GST

Multiple Registration

Contractual Remedies

Publication Date: 26-Jul-2005

Author(s): Stephen Kos, Professor Jeff Berryman, Professor Peter Watts

NZ $50.00
incl GST

Multiple Registration
 
CONTACT
INQUIRIES
freephone (within NZ)
0800 333 111

EMAIL 
cle@lawyerseducation.co.nz

PHONE
04 472 7837

FAX
04 463 2986
 
ADDRESS
NZLS CLE Ltd
Law Society Building
26 Waring Taylor Street
Wellington 6011

DX SP 20202
PO Box 5041
Wellington 6140
New Zealand