ICE latest to slate proposed energy Bill

09 May 2008

Intercontinental Exchange (ICE) has responded to Congressional proposals to modify the operation of regulated global energy exchanges. ICE’s comments follow those of New York Mercantile Exchange’s a day earlier.

“Sound market oversight and the cooperation between regulators in the US and UK are already...

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“The fact is, an awful lot of people would be very happy for all business to be transacted over the counter. Transparency is good for the consumer, but privacy is better for the banks and the brokers. Wherever there’s a grey area, it’s possible to make money.”

European consultants predict frantic lobbying during the Mifid review.

ICE latest to slate proposed energy Bill

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