The new rules are an improvement, but proper implementation is vital, writes Murray Hunter and Cherese Thakur.
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Viceroy Research, is profiting unethically from its reports and has escaped sanctions from local regulators because it is domiciled elsewhere, said Reserve Bank Governor Lesetja Kganyago.
The Viceroy Research report on Capitec has the South African market in a spin, mostly because we are used to short sellers flying under the radar.
National Treasury has spoken out against Viceroy Research, labelling its report on Capitec as reckless.
Viceroy said it’s prepared to appear before SA Parliament to substantiate claims made against Capitec that sparked a slump in the lender’s share price.
Viceroy’s recent research reports have had the markets in a spin. PSG Wealth’s Schalk Louw advises on the elements in such reports that will help you know the good ones from the bad ones.
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