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BUSINESS
January 4, 1996
France Opens Access to Stock Market: The French Cabinet has adopted a bill that ends the monopoly enjoyed by about 55 stockbrokers, complying belatedly with European Union rules. The reform will also allow France to conform with the European Union's directive on investment services, which calls for greater opening of financial markets among the EU's 15 members.
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BUSINESS
January 4, 1996
France Opens Access to Stock Market: The French Cabinet has adopted a bill that ends the monopoly enjoyed by about 55 stockbrokers, complying belatedly with European Union rules. The reform will also allow France to conform with the European Union's directive on investment services, which calls for greater opening of financial markets among the EU's 15 members.
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BUSINESS
June 15, 1988 | From Reuters
Two top French stock market officials resigned Tuesday following the disclosure that the Bourse regulatory body lost 500 million francs ($86 million) in unsupervised trading after last October's crash. Xavier Dupont, architect of the recent Paris Bourse reforms, stepped down as chairman of the French stockbrokers' association, SBF, at a crisis board meeting called to examine how the body lost a third of its bailout funds following the crash.
BUSINESS
October 18, 1989 | From Reuters
Stung by insider traders and others slipping through its grasp, France will bring in a tough new law this month that gives its stock watchdog agency sweeping new powers to police the markets. The Commission des Operations de Bourse will be able to raid offices, freeze assets, question suspects and impose fines--on paper making it one of the most powerful securities regulators in the world.
BUSINESS
September 24, 1988 | Reuters
The French stock market bubbled back to pre-crash levels Friday as traders celebrated recent sparkling company results and ignored Thursday's news of a huge August trade deficit. The Paris bourse, outperforming the stagnant Frankfurt and the nervous London and New York stock exchanges, became only the second of the world's major stock markets after Tokyo to regain levels prevailing before "Black Monday" on Oct. 19, 1987.
BUSINESS
October 18, 1989 | From Reuters
Stung by insider traders and others slipping through its grasp, France will bring in a tough new law this month that gives its stock watchdog agency sweeping new powers to police the markets. The Commission des Operations de Bourse will be able to raid offices, freeze assets, question suspects and impose fines--on paper making it one of the most powerful securities regulators in the world.
BUSINESS
September 24, 1988 | Reuters
The French stock market bubbled back to pre-crash levels Friday as traders celebrated recent sparkling company results and ignored Thursday's news of a huge August trade deficit. The Paris bourse, outperforming the stagnant Frankfurt and the nervous London and New York stock exchanges, became only the second of the world's major stock markets after Tokyo to regain levels prevailing before "Black Monday" on Oct. 19, 1987.
BUSINESS
June 15, 1988 | From Reuters
Two top French stock market officials resigned Tuesday following the disclosure that the Bourse regulatory body lost 500 million francs ($86 million) in unsupervised trading after last October's crash. Xavier Dupont, architect of the recent Paris Bourse reforms, stepped down as chairman of the French stockbrokers' association, SBF, at a crisis board meeting called to examine how the body lost a third of its bailout funds following the crash.
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