EC's MiFID 2 Proposals Target Transparency

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The European Commission plans a raft of new transparency rules - such as a consolidated tape of equities trade data and an extension of pre- and post-trade reporting obligations for bonds, structured products and over-the-counter derivatives - as part of its review of the Markets in Financial Instruments Directive (MiFID).

The EC began a two-month consultation with market participants last week by publishing a paper of preliminary suggestions and calling for industry feedback on its proposed cha

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