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BM&FBovespa, Cetip tell CADE their deal won't lead to significant market changes

By Carolina Guerra ( January 5, 2017, 19:44 GMT | Insight) -- São Paulo stock exchange BM&FBovespa and clearinghouse Cetip told the Brazilian competition authority that their proposed deal won't lead to significant market changes because the majority of their products don't compete against each other. The companies highlighted that because the market is regulated by Brazil's Central Bank and the Brazilian Securities Commission, or CVM, they already adopt non-discrimination commitments....

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