EU Assembly Backs High-Frequency Curbs Against U.K. Panel Advice
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European Union lawmakers renewed calls for tougher curbs on high-frequency trading and limits on commodity speculation as part of a push to toughen the 27-nation bloc’s financial-market rulebook.
European Parliament legislators, voting in Strasbourg today, defined the assembly’s stance before talks on the proposals begin with national governments. They also agreed to largely scrap proposals to boost competition between clearinghouses, saying the measures may harm financial stability.