Financial Markets Authority

Year 2011Regulated by Government

The Financial markets Authority (FMA) is a New Zealand government agency responsible for enforcing securities, financial reporting and company law as they apply to financial services and securities markets. The FMA also regulates securities exchanges, financial advisers and brokers, auditors, trustees and issuers - including issuers of KiwiSaver and superannuation schemes. It jointly oversees designated settlement systems in New Zealand, with the Reserve Bank of New Zealand (RBNZ). FMA is a member of New Zealand’s Council of Financial Regulators.

Disclose broker

Danger Unauthorized

NZXWEALTH

Disclosure summary

Disclosure matching Website matching
Disclosure time 2024-04-04
Reason for punishment It is not authorised by, nor associated with the New Zealand company, NZX Wealth Technologies Limited. The website uses this New Zealand company’s address and registration details without authorisation.

Disclosure details

NZX Wealth Investments – Imposter website

04 April 2024 NZX Wealth Investments – Imposter website SHARE THIS The FMA recommends caution when dealing with NZX Wealth Investments and its website nzxwealth.com. The website guarantees investment returns which appear to be unrealistically high. It is not authorised by, nor associated with the New Zealand company, NZX Wealth Technologies Limited. The website uses this New Zealand company’s address and registration details without authorisation. NZX Wealth Investments is not an incorporated company in New Zealand or subject to regulation by an overseas regulator, as claimed on its website. It is not registered on the Financial Service Providers Register to provide any financial services or products in New Zealand. Entity: NZX Wealth Investments Website: nzxwealth.com Email: support@nzxwealth.com

Annex

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More regulatory disclosure

Sanction

2022-02-18

Cayman Islands Monetary Authority Fines Lion Brokers Limited CI$261,990.72