Romanian Stock Mrkt Regulator Cancels Mobinvest Brokerage's Licence on Failure To Respect Mrkt Rules

CNVM also decided to block Mobinvest’s accounts for two weeks starting December 5, the regulator said in its weekly bulletin.

Mobinvest can appeal CNVM’s decision within 30 days.

Mobinvest has administered transactions worth 93.1 million lei ($31 million/24 million euro) so far this year, bourse data showed.

(1 euro = 3.8831 Romanian lei)