311 Prohibitions on holding out

A person must not, if it is not the case, hold out that—

(a)

the person has a financial product market licence; or

(b)

the operation of a financial product market in New Zealand is authorised by a financial product market licence; or

(c)

a financial product market is exempt from this Part; or

(d)

the person is a participant in a licensed market.

Compare: Corporations Act 2001 s 791B (Aust)