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Phased limits on share trading are on the way

Photo: Haber7

Latest in the series Erdin Ozel and Emir Munir Sarpyener arrested in fund probe

The banking regulator BDDK and the Capital Markets Board (SPK) will start work on Monday on gradually limiting share trading. The AK Party is cool to a Turkish parliament inquiry committee on the fund investigation.

AK Party officials said Vice President Cevdet Yılmaz would instead brief the General Assembly of the Turkish Grand National Assembly (TBMM). The MHP favors investigating the matter. Opposition motions will be debated in the General Assembly next Tuesday.

Phased limits on share trading are on the way

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Haber72nd to publish the story1 Oct, 10:00 Hisse alım satımına sınırlama geliyor! Yatırımcılar dikkat EkonomimFirst to publish the story1 Oct, 00:00 Hisse alım-satıma kademeli sınırlama gelecek, denetimde yeni mekanizmalar kurulacak

Fund Investigation News Series

Where it began Tera Portföy declares default in two funds, payment periods extended in six funds

  1. Erdin Ozel and Emir Munir Sarpyener arrested in fund probe Tera Portfolio Board Chairman Erdin Ozel and Tera Investment CEO Emir Munir Sarpyener were arrested in the fund investigation. The number of arrested suspects in the probe rose to 58.
  2. Treasury bonds in Tera funds put up for sale Treasury bonds in Tera Portföy funds are being put up for sale under the liquidation decision of the Capital Markets Board (SPK).
  3. Şimşek: troubled portfolio managers and funds quarantined Turkish Treasury and Finance Minister Mehmet Şimşek said troubled portfolio management companies and related funds had been quarantined, and a liquidation and resolution process had begun.
  4. Turkish savings fund exercises rights over 99.99% stake in bank The Savings Deposit Insurance Fund (TMSF) decided to exercise shareholder rights, excluding dividends, attached to Destek Finans Faktoring's 99.99% stake in Destek Yatırım Bankası. The company's board members and general manager were dismissed.
  5. Phased limits on share trading are on the way The banking regulator BDDK and the Capital Markets Board (SPK) will start work on Monday on gradually limiting share trading. The AK Party is cool to a Turkish parliament inquiry committee on the fund investigation.
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