20 October 2022
E+O Property Syndication Limited
The FMA has issued a formal warning to Formal warning: E+O Property Syndication Limited following concerns that it may have failed to give disclosures to investors as required by Part 3 of the Financial Markets Conduct Act 2013 because it relied on the wholesale investor exclusion in circumstances where they were not entitled to. This is because some eligible investor certificates were incomplete.
Wholesale investing, Ways to invest, Investing, Offer disclosure for equity and debt offers, Roles, Conduct, Formal warning, Powers, Business, Consumer, Enforcement
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