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US regulator says reform will boost individual investors
US regulator says reform will boost individual investors
by  AFP

Emphasizing the need to protect small investors, US securities regulators Wednesday proposed new rules to ensure competition in the execution of stock market trades. The Securities and Exchange Commission proposal aims to replace the current system in which retail brokers route more than 90 percent of trades by individual investors to wholesalers -- financial middlemen who provide liquidity.

Erdogan backs Turkmen gas link easing dependence on Russia
Erdogan backs Turkmen gas link easing dependence on Russia
by  AFP

Turkish President Recep Tayyip Erdogan on Wednesday backed the creation of a new natural gas pipeline that could ease Europe's dependence on Russia by linking up with energy-rich Turkmenistan. But he also lent his support on Wednesday to a new project that could link Turkmenistan with an existing pipeline running from Turkey to Azerbaijan.

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