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13 December 2021

Jarden Securities Limited

Jarden Securities Limited  was formally censured by the FMA for contraventions by OM Financial Limited (OMF) as a licensed derivatives issuer (DI). OMF co-mingled derivative investor money with its own money, a breach of its DI obligations. OMF amalgamated with Jarden in March 2021, so the amalgamated entity inherited the property, rights and liabilities of OMF and Jarden, including the DI licence. As such, the FMA has censured the amalgamated entity.  

Jarden Securities Limited operates as a brokerage firm. The Company offers share broking, portfolio management, investment banking, financial, and economic research services. Jarden Securities serves customers worldwide. 

October 2021 – FMA formally censured Jarden Securities Limited for contraventions by OM Financial Limited (OMF) as a licensed derivatives issuer (DI). OMF co-mingled derivative investor money with its own money, a breach of its DI obligations.