No-Deal Data Pacts Fail to Quell Hard Brexit Fears

UK and EU regulators agree to share data post-Brexit, but trading firms say this doesn’t go far enough.

In February, UK and EU regulators signed agreements to enable data sharing post-Brexit, but industry experts say the latest announcement falls short of lifting the real burden on affected firms.

European regulators have inked agreements to ensure the wheels don’t come off the markets if the UK leaves the EU without an exit deal, but market participants say watchdogs making deals among themselves does little to ease concern—and increasing frustration—over the Brexit process.

On February 1, the

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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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