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BNP Asks For Sentencing Delay Until DOL Determines Status

By Igor Kossov ( September 24, 2014, 8:10 PM EDT) -- A lawyer for BNP Paribas SA has asked a New York federal judge to postpone sentencing the French bank following its guilty plea for sanction violations, saying it first needs to see whether the U. S. Department of Labor will grant an exemption allowing the bank to remain a qualified asset manager upon sentencing. . . .

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