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CNVM is short on cash

Posted on February 1st, 2010

CNVM is short on cash

The National Securities Commission, (CNVM), the supervision and regulating authority of the capital market in Romania, is seeking around 5.2 million RON (1.25 million euros), asking investment funds and SIFs (Financial Investment Companies) to pay commissions due in the first six months of the year and in advance, offering 5% discount of the sum owed.

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CNVM is short on cash

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