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.

Thandi lost a whole Saturday to independence rules about network firms. She does not have a network. She never will. Half the Code of Ethics was never written for her one-person practice, and nobody had told her which half. The five principles are the same for everyone, sole proprietor or Big Four partner. The reading is not. Here is which parts of the Code a one-person practice must apply, and which parts you can put down today.