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EU Markets Brace for Change
ESMA releases MiFID II rules in 800-plus page document.
Europe’s capital markets are getting a new foundation.
The 28-nation European Union’s top markets regulator yesterday made public more than 800 pages of proposed rules that cover everything from high-frequency trading curbs to transparency requirements for bond markets and position limits for commodity derivatives, with the aim of boosting confidence in the financial system.
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