This is why regulator lifted licence suspension of manager that invested ‘beyond its mandate’
JM Busha Investments and chief investment officer Joseph Busha may yet face administrative action
08 September 2020 - 19:55
The Financial Sector Conduct Authority (FSCA) has lifted the suspension of the licence of an investment manager that it says invested beyond five pension funds’ mandates, putting about R390m at risk.
But the regulator says JM Busha Investments and its chief investment officer, Joseph Busha, may yet face administrative action. ..
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