Istanbul Bourse Steps Up Punishments for ‘Misleading Commentary’
- Penalties for market professionals for abuse jump 100-fold
- Turks have rushed to invest in shares in search for returns
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Istanbul’s stock exchange increased potential fines for market professionals who mislead investors and broadened the scope of its penalties to include views expressed in the media as it steps up efforts to discourage abuses following a surge in share trading among Turks.