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Turkish financial watchdog cancels stock market abuse decision

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Reuters
ID: 
1531665037849263900
Sun, 2018-07-15 13:38

ISTANBUL: Turkey’s capital markets regulator decided on Sunday to cancel a partial suspension of a directive related to insider trading, saying “speculation and negative perceptions” of the move would have prevented the decision having its desired effect.
The Capital Markets Board said on Friday that until the end of August Borsa Istanbul share purchases by people party to a company’s internal information, or by those close to them, would not be subject to a stock market abuse directive.

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