Germany’s FDP Wants More Financial Regulation, Sueddeutsche Says
Germany’s Free Democratic Party wants to push through limitations on high-frequency trading and to regulate hedge funds and private-equity companies more strictly, Sueddeutsche Zeitung reported, citing a plan by Economy Minister Philipp Roesler.
Roesler wants price volatility caused by computer trading to trigger trading interruptions at all European exchanges; he also wants a financial markets tax on the lines of U.K. stamp duty, according to the newspaper.
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