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MuniMae Share Trading Resumption Faces Delays

OCT 2, 2013 12:35pm ET
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Shares of Municipal Mortgage and Equity LLC were supposed to have resumed trading by this morning but they did not.

“As of…this morning it does not appear that all required steps have occurred between the regulators to enable the resumption,” said MuniMae in a statement.

The company said it is working to resolve clear whatever roadblocks have prevented the resumption of trading from going through, but said as of Wednesday morning they could not provide a specific time when trading would resume.

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