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MF Global has appointed James Rowsell as managing director for Europe. He becomes responsible for the brokerages European growth strategy including oversight of its London, Paris, Amsterdam and Geneva offices.
The appointment is a promotion...
"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.