https://legal.excellentwiki.com/south-africa/securities-law/Recent content in Securities Law on ExcellentWiki - Legal EncyclopediaHugoen-USTue, 07 Jul 2026 00:00:00 +0000https://legal.excellentwiki.com/south-africa/securities-law/south-africa-securities-law/Tue, 07 Jul 2026 00:00:00 +0000https://legal.excellentwiki.com/south-africa/securities-law/south-africa-securities-law/<h2 id="introduction">Introduction</h2> <p>South African securities law regulates the trading of financial instruments, the conduct of market participants, and the integrity of financial markets. The legal framework is built on the Financial Markets Act 19 of 2012 (FMA), the Financial Sector Regulation Act 9 of 2017 (FSR Act), and the rules of the Johannesburg Stock Exchange (JSE). The Financial Sector Conduct Authority (FSCA) is the primary market conduct regulator.</p> <h2 id="the-financial-markets-act-2012">The Financial Markets Act 2012</h2> <p>The Financial Markets Act 19 of 2012 is the principal legislation governing securities markets in South Africa. The Act provides for the regulation of exchanges, clearing houses, and central securities depositories. It prohibits insider trading and market manipulation, and establishes requirements for market infrastructure, trade reporting, and the conduct of market participants.</p>