Federal Financial Market Service annuls Magistr’s license

UrBC, Yekaterinburg, August 25, 2010. Russia’s Federal Financial Market Service annulled the license allowing Chelyabinsk-based OOO Magister Management Company to deal in investment fund management, unit trust management, or private retirement funds.
The Service reports the decision was taken after the company had submitted a corresponding application and the official proof of having no unfulfilled business liabilities.


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