EU Unveils Tougher OTC Proposals

09 Dec 2010

Michel Barnier, the European Union’s commissioner of internal market and services, has unveiled proposed legislation that would introduce tougher oversight of the over-the-counter derivatives, bonds and commodities markets.

Michel Barnier, the European Union’s commissioner of internal market and services, has unveiled proposed legislation that would introduce tougher oversight of the over-the-counter derivatives, bonds and commodities markets. According to the document released Wednesday for public consultation until Feb. 2, regulators will look "to improve information flows, what ...

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