Venezuela Charges 10 Illegal FX Brokers

Venezuela has formally charged 10 directors of Venezuelan brokerages, who were arrested in 2010 on suspicion of participating in a parallel currency market.

Venezuela has formally charged 10 directors of Venezuelan brokerages, who were arrested in 2010 on suspicion of participating in a parallel currency market, Bloomberg reports. The Venezuelan attorney general charged four directors of Econoinvest Casa de Bolsas.

Directors from Positiva Sociedad de Corretaje, Multinvest Casa de Bosla, Venevalores Casa de Bolsa and Banvalor Casa de Bolsa were also charged by the authorities. All the brokerages have been closed by the government.

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