Resilient group of companies cleared of manipulating share prices
The decision by the Financial Sector Conduct Authority brings to an end a nearly three-year investigation
08 November 2020 - 19:47
The Financial Sector Conduct Authority (FSCA) announced on Friday that it has found no evidence that the Resilient group of companies contravened any regulations relating to share price manipulation.
This brings to an end a nearly three-year investigation into the trading of shares in the Resilient stable, which includes Fortress, NEPI Rockcastle and Lighthouse Capital (formerly Greenbay Properties)...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.