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BUSINESS
March 7, 1992 | From Times Staff and Wire Reports
SEC to Open East Europe Offices: The U.S. Securities and Exchange Commission will open two offices in Eastern Europe later this year to advise former communist countries on developing stock markets, the agency's chief said. SEC Chairman Richard C. Breeden said the Wall Street watchdog agency would assign two senior staffers to work out of U.S. embassies in Eastern Europe, one probably in Warsaw and the other in a yet-to-be-determined location.
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BUSINESS
March 7, 1992 | From Times Staff and Wire Reports
SEC to Open East Europe Offices: The U.S. Securities and Exchange Commission will open two offices in Eastern Europe later this year to advise former communist countries on developing stock markets, the agency's chief said. SEC Chairman Richard C. Breeden said the Wall Street watchdog agency would assign two senior staffers to work out of U.S. embassies in Eastern Europe, one probably in Warsaw and the other in a yet-to-be-determined location.
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BUSINESS
June 22, 1990 | CAROL J. WILLIAMS, TIMES STAFF WRITER
This East European nation took a major step along the capitalist road Thursday with a splashy reopening of the Budapest Stock Exchange, where the "big board" can display only five listings and where Hungarian buyers, who have no checkbooks, pay with satchels full of cash. The rebirth of Western-style trading after a 42-year shutdown was highlighted by listing of the state-owned Ibusz travel network, the first major Hungarian enterprise to begin privatization with a public share issue.
BUSINESS
June 22, 1990 | CAROL J. WILLIAMS, TIMES STAFF WRITER
This East European nation took a major step along the capitalist road Thursday with a splashy reopening of the Budapest Stock Exchange, where the "big board" can display only five listings and where Hungarian buyers, who have no checkbooks, pay with satchels full of cash. The rebirth of Western-style trading after a 42-year shutdown was highlighted by listing of the state-owned Ibusz travel network, the first major Hungarian enterprise to begin privatization with a public share issue.
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