Cost Burden on Vendors After RNS Deregulation

SPECIAL REPORT

Despite complaints from some data vendors about the rising cost of redistributing UK company announcements, the UK Financial Services Authority (FSA) says it has no grounds at present to reconsider its recent sweeping deregulation of the market for UK company news.

In April, the FSA, the regulator of UK financial markets, ended the London Stock Exchange Regulatory News Service’s monopoly in disseminating UK company announcements and opened the market to seven primary information providers (PI