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ARTICLE · 10 NOVEMBER 1995

Amendment to SE Control Act 1, 1985 - Investor Protection

JSE Securities Exchange South Africa
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South AfricaAntitrust/Competition Law
Investor Protection in a securities market is achieved through fairness, honesty and security. These concepts are used internationally and embrace a wide spectrum of measures aimed at giving meaningful protection to the investors by safeguarding their interests.

There is extensive financial protection in place for losses incurred by investors and stockbroking firms as a consequence of fraud, theft or default. Whilst the JSE Guarantee Fund ("the Fund") serves to protect investors, the fidelity insurance policy ("the insurance policy") serves as a front-line protection for member firms particularly in so far as employee fidelity is concerned.

The insurance policy also provides for protection to members having dealt in good faith with tainted securities.

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