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Nomura Holdings has yet to inform Tokyo Commodity Exchange on its intentions towards taking over Lehman Brothers’ membership at the bourse.
The Japanese investment bank acquired Lehman Brothers’ Asian franchises in a deal secured on...
"While we support its overall direction, a number of the requirements in the review are needlessly oppressive, particularly the proposed limits on execution-only business and bilateral execution. Additionally, the swathe of costly disclosure obligations is more likely to confuse than inform customers.”
The FOA's Anthony Belchambers responds to the EC's Mifid review.