Monday May 20 2024
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Country: South Africa
On 17th May 2024, the Johannesburg Stock Exchange (JSE) introduced ‘Verify a Broker’, an online tool designed to help people confirm if the stockbrokers and financial service providers they deal with are real and credible. This tool supports anyone who wants to make safer investment choices by ensuring they deal only with legitimate professionals and companies.
The ‘Verify a Broker’ tool works by providing a consolidated view of the JSE’s stockbroker database from the database managed by the Financial Sector Conduct Authority (FSCA), the regulatory body that oversees financial professionals and organisations in South Africa. Every financial services provider, including stockbrokers, must be registered with the FSCA to operate legally.
Click on the above link for further information
