Turkey Appoints New Market Regulator Amid Fund Crisis

• Turkish President Recep Tayyip Erdogan appointed Muhsin Atci as the new chief of Turkey’s market regulator.
• Muhsin Atci previously served as the head of the nation’s tax inspection board.
• The appointment aims to help deal with an investment fund crisis that has affected financial markets.
• The crisis has caused significant turmoil in Turkey’s financial markets.
• Bloomberg and Investing.com have reported on this development.