1994•SSRN Electronic JournalOpen access

Securities regulation in Australia and New Zealand

Gordon Walker, Brent Fisse

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Abstract

The regulation of securities markets is a survival issue for island nations such as Australia and New Zealand which require foreign investment for economic growth. This study covers all aspects of securities regulation, from the physical markets and the operation of the Stock Exchanges to the workings of the Securities Commissions. The contributors include legal practitioners, academics, Stock Exchange executives, industry professionals and Securities Commission officials. The work contains a wealth of new analyses of securities regulations in both countries.

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The regulation of securities markets is a survival issue for island nations such as Australia and New Zealand which require foreign investment for economic growth. This study covers all aspects of securities regulation, from the physical markets and the operation of the Stock Exchanges to the workings of the Securities Commissions. The contributors include legal practitioners, academics, Stock Exchange executives, industry professionals and Securities Commission officials. The work contains a wealth of new analyses of securities regulations in both countries.

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Available abstract

The regulation of securities markets is a survival issue for island nations such as Australia and New Zealand which require foreign investment for economic growth. This study covers all aspects of securities regulation, from the physical markets and the operation of the Stock Exchanges to the workings of the Securities Commissions. The contributors include legal practitioners, academics, Stock Exchange executives, industry professionals and Securities Commission officials. The work contains a wealth of new analyses of securities regulations in both countries.

Key concepts: Broker-dealer, Investment banking, Private placement, Hybrid security, Unit investment trust, Commission, National best bid and offer, Business

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