Competing Views – RAMIG and the FMA

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The following two opinion pieces appeared on the same page of the Dominion Post 16/11/13, the day after Ross was sentenced, but both were written several days before.

The FMA opinion piece contains another apology from Sean Hughes, chief of the FMA.  He also states “no regulatory framework is a perfect foil to misconduct”. Read here

The RAMIG opinion piece highlights the regulatory failure that has occurred and the urgent need for the authorities to show some lead on how to fairly unwind the mess. Read here

Related posts:

  1. Dominion Post: Ross Asset Management failure spurs changes
  2. Stuff: I don’t see regulatory failure – Foss
  3. NBR – Ross Asset Management liquidators face hurdles in untangling mess
  4. Dominion Post – Suspected Ponzi strategy: Invest early, take all dividends