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The Financial Sector Conduct Authority (FSCA) warns the public to be cautious when dealing with an individual or group impersonating BlackRock Asset Management (BlackRock). The individuals use the aliases ‘James Norton’ or ‘Mark Green’ and claim to be affiliated with BlackRock.
The FSCA has noted the decision of the Supreme Court of Appeal (SCA) to overturn the judgement of the Gauteng Division of the High Court, which had allowed for the liquidation of JP Markets (Pty) Ltd. The FSCA has also noted the Honourable Court’s interpretation with reference to the fair and equitable principle.
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