
JSE under fire over listings & investor protection
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The JSE has been taken to task regarding questionable listings and its responsibility to protect retail investors. This following the listings of Gupta-linked Oakbay and Iqbal Surve's proposed listing of Sagarmatha as well as the collapse of Steinhoff calling into question whether the JSE has a bigger role to play when considering listings and protecting investors. The exchange however has pointed out that in terms of legislation, its function is not to veto or approve listings. Nicky Newton-King, CEO of the JSE joined Business Day TV on the line to discuss the way forward.





