Sesame may reject some Thinc network advisers

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Members of the closing Thinc networks considering joining Sesame may have their applications rejected despite promises of a "smooth" transition.

Sesame says Thinc firms will be vetted in the usual way with current parent company Bluefin Advisory Services (Bluefin) providing a reference. Bluefin today announced it was shutting its Thinc networks - Thinc Network Services and Thinc Assured Network - but says it has struck a deal with Sesame giving its members a "fast-track" option to join the network giant almost immediately. However, Sesame says normal application procedures apply, adding firms not meeting its requirements will have to look elsewhere. The Thinc networks have 149 member firms, all of which run wholly independent ...

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