This subject provides students with an understanding of the legal system in New Zealand as it relates to the market. The subject will also provide an overview of the functions of key regulatory bodies, including the New Zealand Exchange Limited (NZX). Students will gain an understanding of how companies raise capital and establish a business or run existing ones, and the protection available to investors. This subject is a compulsory subject for the NZX Diploma.
Learning outcomes Subject outline Assessment Prerequisites Reading list Learning outcomes At the completion of this subject students should be able to: Explain the regulatory framework of the securities industry in New Zealand. Outline the requirements for Market Participants and NZX Advisors. Discuss the rights and obligations of the NZX Firm/client relationship. Describe the listing and quotation of issuer’s securities on the NZX. Outline the takeover provisions that apply to listed issuers. Discuss the regulation of trading conduct in regard to workplace activities and provisions designed to prevent market misconduct. Explain how companies differ from other business structures and identify the duties/rights of directors and shareholders. Explain the regulatory framework of futures and options. Subject outline TopicTitle Topic 1Fundamental objectives of NZX and stockmarket regulation Topic 2Bodies which regulate the stockmarket Topic 3Listing and quotation of securities on NZX Topic 4Continuing obligations of listed issuers under the Listing Rules Topic 5Takeovers Topic 6Business structures Topic 7Effect of common law on Market Participants Topic 8Relationship between Client Advising Participants and clients Topic 9Statutory law protection of investors Topic 10Market Participants and Advisors Topic 11Trading conduct Topic 12Futures and options regulation Assessment Assessment TypeAssessedWeighting AssignmentWeek 640% ExaminationWeek 1260% Click here for an assessment timetable. Prerequisites There are no prerequisites for this subject. Reading list There are no prescribed texts for this subject. Details of any required and further readings for this subject are provided in the subject room. Purchase of any text other than a prescribed text is not required.
This subject provides students with an understanding of the legal system in New Zealand as it relates to the market. The subject will also provide an overview of the functions of key regulatory bodies, including the New Zealand Exchange Limited (NZX). Students will gain an understanding of how companies raise capital and establish a business or run existing ones, and the protection available to investors. This subject is a compulsory subject for the NZX Diploma.
Learning outcomes Subject outline Assessment Prerequisites Reading list Learning outcomes At the completion of this subject students should be able to: Explain the regulatory framework of the securities industry in New Zealand. Outline the requirements for Market Participants and NZX Advisors. Discuss the rights and obligations of the NZX Firm/client relationship. Describe the listing and quotation of issuer’s securities on the NZX. Outline the takeover provisions that apply to listed issuers. Discuss the regulation of trading conduct in regard to workplace activities and provisions designed to prevent market misconduct. Explain how companies differ from other business structures and identify the duties/rights of directors and shareholders. Explain the regulatory framework of futures and options. Subject outline TopicTitle Topic 1Fundamental objectives of NZX and stockmarket regulation Topic 2Bodies which regulate the stockmarket Topic 3Listing and quotation of securities on NZX Topic 4Continuing obligations of listed issuers under the Listing Rules Topic 5Takeovers Topic 6Business structures Topic 7Effect of common law on Market Participants Topic 8Relationship between Client Advising Participants and clients Topic 9Statutory law protection of investors Topic 10Market Participants and Advisors Topic 11Trading conduct Topic 12Futures and options regulation Assessment Assessment TypeAssessedWeighting AssignmentWeek 640% ExaminationWeek 1260% Click here for an assessment timetable. Prerequisites There are no prerequisites for this subject. Reading list There are no prescribed texts for this subject. Details of any required and further readings for this subject are provided in the subject room. Purchase of any text other than a prescribed text is not required.
