Pusula Portföy News
Turkish Investment Execs Face Travel Ban, Arrest
Authorities have imposed a travel ban on Emre Tezmen, chairman of Tera Yatırım Holding, and arrested Muhammet Yarız, chairman of Pusula Portföy, as part of an expanding capital markets investigation. New arrests have also been made.
Turkey regulator orders 130 investment funds liquidated
Turkey's Capital Markets Board (SPK) has ordered the liquidation of 130 investment funds managed by seven portfolio management companies. The funds, traded on the TEFAS platform, will be closed to new purchases and sales.
Turkey Halts Trading in 7 Investment Firms' Funds
Turkey's Capital Markets Board (SPK) has suspended trading in all investment funds managed by seven portfolio management companies, citing market developments. The regulator also temporarily lowered the minimum equity ratio for leveraged transactions to 20%.
