The listed property financier had failed to provide its annual report for the period ending March 31.
After the report was not filed, the securities were suspended.
Dominion last traded at 13.5c after reaching a record high of $2.86 in May last year.
The company sought a moratorium on debt repayments and interest repayments on more than $250 million of debentures in Dominion Finance and North South Finance.
ABN Amro Craigs broker Chris Timms said Dominion had been in discussions on recapitalisation proposals.
Those proposals, while still under wraps, seemed to have progressed enough for the NZX Regulation to lift the suspension.
"It's an odd situation. NZX Regulation is lifting the suspension even though the annual report has not been filed.
"It is either breaking one of its own rules or decided that, after discussions with Dominion, enough progress has been made to allow people the option of trading the securities."
"It was difficult to predict what price Dominion shares would open at today, he said.
It was unlikely NZX Regulation would allow them to trade if it was going to be all bad news.
The NZX Regulation said in a statement that investors elected to invest in listed securities on the expectation that doing so would provide them with an open market on which to offer their securities for sale.
"DFH shareholders are precluded from doing so while DFH securities are suspended from trading. In this case, NZX Regulation believes shareholders' interests are best served by enabling them to deal with their holdings if they wish to do so."
At the end of March, Dominion Finance had nearly 13,000 investors with an average of $21,000, or a total of $276.1 million, invested.
The involvement of some well respected names may help convince Dominion investors to stay.
One of those names is Allan Hubbard, of South Canterbury Finance.