Financial Conduct Authority
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Such events may grow in importance as regulators ban commission payments for arranging corporate access.
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Market participants cheer the European Securities and Markets Authority’s initiatives to increase transparency, but troubling questions remain.
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European regulator ESMA backs away from full unbundling; U.K. agency could still set higher standard for firms in that country.
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Market participants fear unintended consequences of efforts to ban commission payments for research.
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Critics fear the new rules will put the U.K. asset management industry at a competitive disadvantage.