EU delays disputed ‘buy-in’ rule for failed stock trades

eu delays disputed buy in rule for failed stock trades

Sumary of EU delays disputed ‘buy-in’ rule for failed stock trades:

  • EU financial services chief Mairead McGuinness said she welcomed a decision by the European Parliament and member states to postpone mandatory buy-ins, which were due to come into effect next February.
  • The Association for Financial Markets in Europe (AFME), which represents banks and investment funds, said buy-ins would lead to a more expensive and less efficient capital market for issuers and investors.

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