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Monday, January 24, 2005
Business in Romania blog
The National Securities' Commission (CNVM) on Friday issued a regulation under which all share sales in the capital market can be made only after delivery of the account receipt from the share registers.

Brokers say that investors are not ready for this, as obtaining an account receipt can take up to 5 days.

The measure also delays transactions and prevents the buying and selling of shares within the same day.


Posted by Iulia Rasoiu : 1/24/2005 03:28:00 pm Changes in stock exchange transactions


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