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BUSINESSBloomberg Markets·7h ago

Turkey Wants Fund Investors to Give Back ‘Excessive’ Profits

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AI TLDR · GEMINI

Turkey's market regulator has ordered interim payments of up to 1 million liras to investors affected by a fund liquidation crisis. The move aims to stabilize financial markets.

Turkey has proposed an unusual solution for its fund crisis — investors who reaped massive gains should voluntarily return their money to help other people stuck in frozen funds.

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