EU Securities Revamp Risks Market Damage, Germany, U.K. Say
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Germany, the U.K. and France called on European Union regulators to modify proposed trade transparency rules to avoid damaging securities markets.
The European Securities and Markets Authority’s approach to determining the liquidity of securities that would see them covered by new rules for pre- and post-trade transparency could have an “unintended consequence,” according to the three countries’ finance ministries.