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Split the ceo and chairman roles. Frederick keeps his job while Vice President steps in as chairman. Lets get out to one of our top stories today. Chinese stocks suffered the worst drop many more than six years led by the countrys three largest broke ages have been banned from opening new trading margins for three months. It follows a investigation into high risk activity. Joining us live from beijing on the latest. Hi. Thats right. It is driven by a crack down on margin trading here. The countrys regulators had issued a warning to 1 different brokerages and they punished three of those firms. These are three major industry heavy weights here. And these companies now face a temporary ban for about three months on opening new margin accounts. The reason we saw it a lot of people are worried the move will dent the buying in stocks. The shanghai rally has been driven in large part to the margin trading that has been going on here. A lot of people have been flocking to the stock market and

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