EU Lawmakers Fail to Get Deal on Financial Market Rules Overhaul
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European Parliament lawmakers and national officials failed to clinch a deal to overhaul the bloc’s financial market rulebook, relinquishing their goal of finding an accord by year-end.
Negotiations broke down in Brussels yesterday over the scope of planned curbs on commodity derivative speculation and on investor protection rules, Sven Giegold, a German lawmaker representing the assembly’s Green group in the talks, said in a telephone interview. Discussions will resume on Jan. 14 in Strasbourg, France, he said.