Capital Market Regulation
Some aspects of MiFID II are proving difficult to implement including the double-volume cap, futures clearing, and Systematic Internaliser tick sizes.
The UK’s Financial Conduct Authority has released a report that aims to determine if high-frequency traders are anticipating order flow across markets. It finds …
The CSRC money market reforms balance innovation and risk, consider public feedback, and are the first refinements to a set of rulings drafted in 2004. Will they thrive?
How can we prevent the Barclays and Credit Suisses of the world from committing dark-pool fraud? The SEC has a proposal.
Chinese regulators are now seeking comments on how P2P platforms should operate and grappling with findings of a private equity practices report — there are problems.
IOSCO is keeping a regulatory eye on crowdfunding to ensure investor protection. The alternative finance is a major emerging market projected to hit US$300 billion in coming years.
The broad conclusion of Australian report is that current levels of high frequency and dark trading do not constitute a concern and, as a result, regulators don’t foresee the need for further regulation.
Capital market reform in China will take a while, but things are surely improving.
CFA Institute takes a stance on this controversial issue.
The issue of how equity commissions are used to buy investment research takes center stage in the European Union.