Markus Jooste, three others, fined R241 million for Steinhoff insider trading
The Financial Sector Conduct Authority (FSCA) has imposed an administrative penalty of R161 million on former Steinhoff CEO Markus Jooste for breaching sections of the Financial Markets Act that prohibit an insider from disclosing inside information and/or encouraging or discouraging another person to deal in securities related to the inside information. These breaches are related to share transactions in Steinhoff International Holdings NV (Steinhoff) during November and December 2017. He […]
