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Suretyships mean what they say: advisers learn hard lessons after broker house collapse – Moonstone Information Refinery
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1 Articles
1 Articles
Suretyships mean what they say: advisers learn hard lessons after broker house collapse – Moonstone Information Refinery
If you sign a suretyship tied to your broker code or practice, assume it can follow you into the future – and that courts will enforce it strictly. Claims of technical defects, unfairness or “prejudice” will not help unless you can point to a real breach of legal duty and back it up with evidence. That message was underscored by a Northern Cape High Court judgment in Momentum Group Limited v Maswil Finansiele Adviseurs CC and 6 Others, delivered…
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