The New York Stock Exchange on Wednesday suspended trading in shares of Eletrobras, Brazil’s government-run utilities holding company. The exchange ordered the suspension after Eletrobras failed to meet a deadline for delivery of 2014 and 2015 financial performance reports to the U.S. Securities and Exchange Commission. The SEC demanded the reports because of allegations of corruption in Eletrobras. The company is conducting an internal investigation into the allegations. Eletrobras officials said the investigation has not been completed yet. The suspension could eventually lead to de-listing of the company by the NYSE.
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