Cautious Support For E.C. Regulation Of Securities Trading

Law360, New York (July 7, 2006, 12:00 AM EDT) -- While many companies and associations agree that heightened regulation of European Union securities trading and post-trading may stimulate competition, some have questioned the need for increased intervention in the industry.

The European Commission’s issues paper on competition issues in securities trading and post-trading has drawn both opposition and approval from respondents, with some supporting the E.C.’s efforts to broaden competition and others beseeching the Commission to allow market forces to correct potential problems.

Investment bank UBS advised maintaining current regulation, claiming current rules, coupled with natural...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.