LUXTON ANNOUNCES SECURITIES COMMISSION APPOINTMENT

  • John Luxton
Commerce and Industry

The Minister of Commerce, the Hon John Luxton, announced an appointment to the Securities Commission today. Mr Stephen Franks has been appointed to the Commission for a period of five years.

Mr Franks, of Wellington, is a partner at Chapman Tripp Sheffield Young and specialises in securities law. In 1991 he was one of four private sector representatives on a Ministerial Group to advice on the Government's securities law reform programme. He is a director of Wrightson Ltd and the Deputy Chairman of the New Zealand Stock Exchange's Market Surveillance Panel.