More Disclosure Heads to European Trading Desks. In Spoonfuls
- EU making final touches on rules for debt, stocks, commodities
- Waivers, exceptions water down effort at full transparency
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The drive for transparency in financial markets is hitting a fog patch.
Regulators meet in Paris this week to approve new European Union rules for the securities industry that will force it for the first time to publish private market data that’s valuable to investors, including traded bond prices. There may be exceptions: the very biggest debt purchases by value and “illiquid” bonds may escape the disclosure requirement, according to a draft proposal from August seen by Bloomberg.