James Rundle: There and Back Again

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The Markets in Financial Instruments Directive (Mifid) introduced an enormous degree of change across the European capital markets, allowing for venue competition and kick-starting high-frequency trading (HFT) across the region. But it had issues. As such, the European powers that be initiated a wholesale review of the directive in 2010 and packaged a regulation with it. Mifid II took a while to trickle through to where the industry currently finds itself, but over three years since the public

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Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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