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FSB enforcement wing slaps Dvoulety with fine

FSB enforcement wing slaps Dvoulety with fine
21-04-14 / Staff Writer

FSB enforcement wing slaps Dvoulety with fine

The Directorate of Market Abuse had referred the case against Dvoulety to the Enforcement Committee after investigations revealed he had engaged in an improper and manipulative trading practice as per the Act in respect of the Alert Steel Limited Ltd share price on 26 April 2013, the FSB said in a statement.

It said the Enforcement Committee took several mitigating circumstances into account, including the fact that Dvoulety fully co-operated during the enforcement process.

The order is available on the FSB website atwww.fsb.co.za

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