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About 10,000 investors who lost their money when Discount Securities shut down more than six years ago have three months to lodge their claims for compensation.
The Capital Markets Authority (CMA) has set the period of between April and end of June, this year to settle the remaining claims. "After this period lapses, all those investors who have not made their claims will forfeit them after which the shares will be transferred to the Unclaimed Financial Assets Authority (UFAA), said CMA Acting Chief Executive Paul Muthaura.
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