(Reuters) - The CVM had investigated accusations that Banco Pactual and
foreign investor Romanche Investment Corporation engaged in
illicit currency and interest rate transactions on Brazil's
BM&F futures exchange between 2002 and 2004.
The operations had been carried out under market conditions
but the coincidence of losses for Banco Pactual and gains for
Romanche had suggested that the orders had been placed after
their execution, CVM said.
Read more at Reuters.com Bonds News
foreign investor Romanche Investment Corporation engaged in
illicit currency and interest rate transactions on Brazil's
BM&F futures exchange between 2002 and 2004.
The operations had been carried out under market conditions
but the coincidence of losses for Banco Pactual and gains for
Romanche had suggested that the orders had been placed after
their execution, CVM said.
Read more at Reuters.com Bonds News
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