Global markets watchdog proposes closer scrutiny of stock exchanges
LONDON (Reuters) -Global securities watchdog IOSCO on Thursday proposed detailed guidance on how regulators should supervise stock exchanges more closely to negate risks from changes in business practices. IOSCO, which groups financial regulators from the United States, Europe, Asia and elsewhere, said that exchanges have increasingly become publicly listed companies over the past two decades while remaining self-regulatory in some cases. Bourses have expanded geographically and diversified into technology and data services, IOSCO said in the report, citing partnerships with the likes of Goo...
Source: yahoo.com
