Banks Receive Follow-Up Questionnaire on RIC Code

BRUSSELS - European banks have received a second questionnaire as part of the European Commission (EC) investigation into the terms of use of Thomson Reuters' Reuters Instrument Code (RIC), Inside Reference Data has learned.

The EC launched formal proceedings against Thomson Reuters in November, several months after some continental European banks received the first questionnaire on the RIC (Inside Reference Data, October 2009). A spokesperson at the EC says the Commission has opened the proceed

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