CESR’s EU Tape Proposals Spark Debate

As Inside Market Data went to press, market participants were finalizing responses to a consultation paper issued by the Committee of European Securities Regulators last month addressing data cost and quality issues resulting from the European Commission’s first round of MiFID regulations, ahead of the Monday, May 31 deadline for comments.

But while some of CESR’s proposals to promote more timely, granular and standardized post-trade reporting have been welcomed, the suggestion that Europe

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