The Capital Markets Authority (CMA) says it will focus on cheats at the Nairobi Securities Exchange (NSE) to strengthen the reputation of the country’s securities market and enhance accountability by participants.
CMA chief executive Paul Muthaura said this amid investigations into suspected insider trading in oil marketer KenolKobil’s #ticker:KENO shares. It also follows the release of findings of a separate probe where a former CBA Capital executive has been fined for engaging in insider trading in bonds between 2016 and 2017.
