FSCA Investigates Curro Insider Trading: What It Means

Someone bought Curro shares weeks before a R7.2 billion buyout offer, then sold days after the price jumped 50%. They made R126 million in gains. In this article we look at what insider trading actually is under the Financial Markets Act, the five ways it happens, and why the law treats it as fraud. Plus the four things your practice should do this week, because you become an insider by seeing the file first.