EXCLUSIVE: FSCA has 75 market abuse cases open involving listed securities
The cases include investigations into Steinhoff, Tongaat Hulett, PPC and Ayo Technology Solutions
The Financial Sector Conduct Authority (FSCA) is investigating 75 instances of possible contraventions of SA’s laws governing financial market abuse, all of which relate to listed securities.
The investigations include false and misleading statements involving Steinhoff and Tongaat Hulett securities as well as a price manipulation and an insider trading matter involving the securities of cement maker PPC. Ayo Technology Solutions is another listed entity whose securities are under investigation by the FSCA...
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