French regulator turns up the heat with spot checks on market data providers

In June 2022, a blistering heatwave hit Europe. The worst affected country was France, where a low-pressure system lingered for much of the summer, pumping torrid air from the Sahel out across the continent. Wildfires raged from Normandy to Nice, and temperatures hit record highs in two-thirds of the departments in metropolitan France.

Beleaguered tourists sought relief from the punishing heat in fountains and parks. But for the compliance departments at four French trading venues, there was no