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FIA EPTA’s Spanbroek Cautions Against Fragmented Regulation

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Following announcements last week that eleven EU member states are planning to introduce a Financial Transaction Tax, and that Germany is planning to introduce legislation specifically targeting high frequency trading firms, a number of industry figures are starting to raise concerns about the way European regulations are headed. Instead of following the harmonized approach touted by MiFID II, the spectre of an increasingly fragmented regulatory landscape is raising its head.

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