FSCA finds no evidence of insider trading worth R418m against Steinhoff | IOL Business Report

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FSCA finds no evidence of insider trading worth R418m against Steinhoff busrep

JOHANNESBURG - The Financial Sector Conduct Authority said that it had wrapped up a further three insider trading investigations into the Steinhoff International shares, and had found no evidence of insider trading into shares worth hundreds of millions of rand.

"We found no reason to believe that any of these shares were traded in contravention of the Financial Markets Act," said Brandon Topham, divisional executive for investigation and enforcement at the FSCA.

 

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