European Commission Adopts Rules to Bolster Commodities Market Regulation

[kreslik.news]

The European Commission announced today that it has taken important steps to strengthen the regulation of commodities markets and curb price speculation. The move also ensures that firms which are active on these markets are appropriately regulated.

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According to the EC’s statement, the package completes the rulebook of secondary measures under the revised Markets in Financial Instruments Directive, known as MIFID II, and gives market participants time to prepare for its application, from 3 January 2018.

Background

The Commission has adopted regulatory standards that will define the parameters ... (read more)