JSE – Lobbys for fee decrease

Posted: June 27, 2003 at 12:00 am

Roy L. Johnson, Vice President, Investments, Victoria Mutual Building Society was re-elected to head the 15-member Council of the JSE. Curtis Martin, President of Capital & Credit Merchant Bank Ltd. is the new Deputy Chairman. The newest member of the Council is Ravi Rambarran, Managing Director of Edward Gayle & Company Ltd. This was announced at the post-annual general meeting press conference at the JSE’s headquarters on June 26, 2003. Mr. Johnson announced that the JSE is lobbying for a decrease in the fees it currently pays to the Financial Services Commission. He pointed out that the JSE pays to the FSC more than 25% of the cess revenues earned by the company.

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