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Two brokerages lose seats on the bourse

Update: August, 04/2012 - 07:45

HCM CITY – The HCM City and Ha Noi stock exchanges have terminated the membership of Dong Duong Securities Co and Ha Noi Securities Co. These companies were placed under special control by the State Securities Commission in April since their capital adequacy ratios were less than 120 per cent, far below the minimum of 150 per cent. Late last month, the commission terminated the brokerage operations of these two firms.VNS

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