MiFID and Reg NMS: A test-case for 'substituted compliance'?
Date of publication:
13 July 2007
Pages:
8
Printed book:
€ 12.00
This paper explores whether MiFID and Reg NMS could be accepted as equivalents by regulators on both sides of the Atlantic. Apart from many similarities, the most important one being that the main purpose of both measures is to enforce best execution in equity trading, there are many differences as well in the definition of best execution, the structures of the markets, and the role and powers of supervisory authorities. It calls upon the European Commission to make a detailed comparison between both measures and to take the opportunity to negotiate a mutual recognition agreement with the US.
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€ 12.00
CEPS Authors:
Karel Lannoo
Date of publication:
13 July 2007
type:
Printed book
Number:
8
Pages:
8 | Attachment | Size | Hits | Last download |
|---|---|---|---|
| 1522.pdf | 212.51 KB | 1177 | 6 days 22 hours ago |
This paper explores whether MiFID and Reg NMS could be accepted as equivalents by regulators on both sides of the Atlantic. Apart from many similarities, the most important one being that the main purpose of both measures is to enforce best execution in equity trading, there are many differences as well in the definition of best execution, the structures of the markets, and the role and powers of supervisory authorities. It calls upon the European Commission to make a detailed comparison between both measures and to take the opportunity to negotiate a mutual recognition agreement with the US.
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Date of publication:
13 July 2007
Pages:
8
Printed book:
€ 12.00
This paper explores whether MiFID and Reg NMS could be accepted as equivalents by regulators on both sides of the Atlantic. Apart from many similarities, the most important one being that the main purpose of both measures is to enforce best execution in equity trading, there are many differences as well in the definition of best execution, the structures of the markets, and the role and powers of supervisory authorities. It calls upon the European Commission to make a detailed comparison between both measures and to take the opportunity to negotiate a mutual recognition agreement with the US.
€ 12.00
CEPS Authors:
Karel Lannoo
Date of publication:
13 July 2007
type:
Printed book
Number:
8
Pages:
8 | Attachment | Size | Hits | Last download |
|---|---|---|---|
| 1522.pdf | 212.51 KB | 1177 | 6 days 22 hours ago |
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8 Price: € 12.00
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[#value] => This paper explores whether MiFID and Reg NMS could be accepted as equivalents by regulators on both sides of the Atlantic. Apart from many similarities, the most important one being that the main purpose of both measures is to enforce best execution in equity trading, there are many differences as well in the definition of best execution, the structures of the markets, and the role and powers of supervisory authorities. It calls upon the European Commission to make a detailed comparison between both measures and to take the opportunity to negotiate a mutual recognition agreement with the US.
€ 12.00
CEPS Authors:
Karel Lannoo
Date of publication:
13 July 2007
type:
Printed book
Number:
8
Pages:
8 | Attachment | Size |
|---|---|
| 1522.pdf | 212.51 KB |
This paper explores whether MiFID and Reg NMS could be accepted as equivalents by regulators on both sides of the Atlantic. Apart from many similarities, the most important one being that the main purpose of both measures is to enforce best execution in equity trading, there are many differences as well in the definition of best execution, the structures of the markets, and the role and powers of supervisory authorities. It calls upon the European Commission to make a detailed comparison between both measures and to take the opportunity to negotiate a mutual recognition agreement with the US.
CEPS Authors:
Karel Lannoo
Date of publication:
13 July 2007
type:
Printed book
Number:
8
Pages:
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