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Turkey Raises Qualified-Investor Bar Fivefold After Fund Rout

Key Points

Turkey’s market regulator raised the threshold for qualified investors fivefold in the wake of a fund rout that rocked capital markets and erased billions of dollars of equity value.

Turkey’s market regulator raised the threshold for qualified investors fivefold in the wake of a fund rout that rocked capital markets and erased billions of dollars of equity value.
Turkey (LOCATION)
Originally published by Bloomberg Markets Read original →