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SEC cancels 'black market' for shares, bonds

Published by The Nation on Mon, 28 Apr 2014


Securities and Exchange Commission(SEC) has concluded arrangements to proscribe underhand trading in the shares of unlisted public limited liability companies (Plcs). Anyone or institution that henceforth facilitates or engages in underhand trading on securities of unlisted public limited liability company shall be liable to monetary fine and sanction by SEC, according to a new regulation, ...The post SEC cancels 'black market' for shares, bonds appeared first on The Nation.
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