Originally Posted by
myles
That, I believe, is one of the main issue with P2P in NZ, it (peer-to-peer) was never clearly defined by ComCom.
The whole concept of peer-to-peer is more about doing away with the central controlling entity and allowing peers to more closely interact with each other. Within the constraints of privacy and security, this is how the Harmoney platform works, both for retail and institutional investors.
I agree that it is not in the 'spirit' of what most think P2P to be, but does that matter?