Derivatives specialists have been poring over the Turner Review of financial regulation in the UK to try and divine how it is likely to affect their industry.
Experts canvassed by Futures and Options Intelligence this week, after the review was published on Wednesday March 18, were reluctant to comment, some saying they had not yet had time to assess its meaning – or even, that they did not expect it to have any effect on derivatives at all.
But considering that Lord Turner’s review...