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@AIMhonesty @viceroyresearch @fscasouthafrica Congratulations Fraser. For those who would like to read the full order by the #FSCA here is the link to the full version:
fsca.co.za/Enforcement-Ma…
I haven't yet had time to read it.
fsca.co.za/Enforcement-Ma…
I haven't yet had time to read it.
@AIMhonesty @viceroyresearch @fscasouthafrica On further reading it is evident that #FSCA's decision has been set aside on a jurisdictional technicality and the facts of #FSCA's investigation report are not in dispute.
The following are excerpts from the #FSCA's majority decision:
The following are excerpts from the #FSCA's majority decision:
@AIMhonesty @viceroyresearch @fscasouthafrica "6. The facts that follow by way of introduction are taken from the investigation report
on which the decision of the [#FSCA] is based and are undisputed.
on which the decision of the [#FSCA] is based and are undisputed.
#FSCARoundtable
Good morning, today the #FSCA will be briefing the media on the findings of our investigation into Viceroy Research Partnership (#Viceroy).
Good morning, today the #FSCA will be briefing the media on the findings of our investigation into Viceroy Research Partnership (#Viceroy).
Today's session is held by our Commissioner, Mr. Unathi Kamlana and is joined by divisional executive: Investigations & Enforcements, Mr. Brandon Topham
#Viceroy #FSCARoundtable
#Viceroy #FSCARoundtable
Mr. Kamlana announces that following the investigation into #Viceroy's report on @CapitecBankSA , an administrative fine of R50 million has been imposed on Viceroy and its partners by the #FSCA.
#FSCARoundtable
#FSCARoundtable
Panel 2 is underway. With a focus on "Costs & their implications on retirement savings"
Panelists:
Wilma Mokupo (FSCA)
Mabatho Seeiso
Rowan Burger (ASISA)
Steven Nathan (10x Investments)
Kirshni Totaram (Coronation)
Nerina Visser (etfSA)
#FSCA #RFcon19
Panelists:
Wilma Mokupo (FSCA)
Mabatho Seeiso
Rowan Burger (ASISA)
Steven Nathan (10x Investments)
Kirshni Totaram (Coronation)
Nerina Visser (etfSA)
#FSCA #RFcon19
Mabatho Seeiso takes delegates at #RFcon19 through the impact of costs on retirement funds 
@10Xinvestments's Steven Nathan is up next. He explains why costs matter to both fund managers and investors. "There's an issue of finite returns and infinite costs that need to be balanced."
#RFcon19
#RFcon19
