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Turkey Cancels License of Brokerage at Heart of Fund Crisis

Source: Bloomberg

Regulation & LegislationCompany FundamentalsMarket Technicals & Flows

Turkey’s market authorities canceled Tera Yatirim Menkul Degerler’s license and suspended trading in its stock. The action is part of the continued dismantling of the brokerage, which is at the heart of the country’s fund crisis.

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