Public Notice on Price Manipulation

 

 

PUBLIC NOTICE 21/02/2012

 

INVESTIGATION INTO PRICE MANIPULATION

 

THE SECURITIES COMMISSION OF ZIMBABWE HAS NOTED A DISTURBING TREND OVER THE PAST YEARS, WHERE UNUSUAL PRICE MOVEMENTS ARE NOTED AT THE END OF A QUARTER AND ALSO AT THE END OF THE YEAR. THESE PRICE MOVEMENTS ARE APPARENTLY NOT SUPPORTED BY ANY FUNDAMENTALS.

 

THE COMMISSION HAS INSTITUTED AN INVESTIGATION ON SUCH MOVEMENTS AND WOULD APPEAL TO ANYONE WHO CAN ASSIST IN DETERMINING THE FORCES OR MOTIVES BEHIND SUCH MOVEMENTS.

 

ANY INFORMATION VOLUNTEERED WOULD BE TREATED IN STRICTEST CONFIDENCE.

KINDLY SEND YOUR SUBMISSIONS TO:

 

THE SECURITIES COMMISSION

20 YORK AVENUE

NEWLANDS

HARARE

 

OR  E-MAIL: COMPLAINTS@SECZIM.CO.ZW

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