Quotes from the news wire:
PFOF raises serious investor protection concerns, pFOF causes a clear conflict of interest between the firm and its clients, because it incentivises the firm to choose the third party offering the highest payment, rather than the best possible outcome for its clients when executing their orders.
Found on Reuters 1 year ago
Found on Reuters 3 years ago
The number of third country instruments is likely to increase as a consequence of the UK's withdrawal from the EU, while it remains difficult to accurately assess the number of shares that might become third country instruments post-Brexit, due to current uncertainties, under ESMA's current estimation roughly 18 percent of the shares currently reported into FIRDS have their most liquid trading venue located in the UK.
The high fees charged and regular fee increases imposed by some credit rating agencies suggest there may be little effective competition for the provision of credit ratings in some specific market segments within the EU at present, while it is encouraging to see that changes are taking place, we are realistic and know there is still work to be done which is why we have made recommendations relating to further supervisory powers regarding the appointment of independent non-executive directors and enhanced enforcement powers.
Share your thoughts on European Securities and Markets Authority's quotes with the community:
Would you like us to send you a FREE inspiring quote delivered to your inbox daily?
Use the citation below to add this author page to your bibliography:
"European Securities and Markets Authority Quotes." Quotes.net. STANDS4 LLC, 2022. Web. 4 Oct. 2022. <https://www.quotes.net/authors/European+Securities+and+Markets+Authority+Quotes>.