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Venezuela’s Chavez shuts brokerages

03 September 2010

Venezuelan brokerages seized by the government will be permanently closed and probably liquidated

Read more: Venezuela brokerages

Venezuelan brokerages seized by the government will be permanently closed and probably liquidated by the end of the year, Bloomberg said, quoting securities regulator Tomas Sanchez.

Sanchez was quoted saying that “all of the firms that were taken over will be closed.” He said he couldn’t “recertify a disaster-filled brokerage. One...


 

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