EU To Share Info With Other Nations To Curb Market Abuse
Law360, London (October 9, 2019, 3:11 PM BST) -- Europe's markets watchdog has adopted rules that will allow national regulators to cooperate with their counterparts based outside of the bloc when investigating insider trading and other forms of market manipulation.
The European Securities and Markets Authority published final rules on how member state watchdogs must share information with their equivalents from outside of the EU, under Europe's Market Abuse Regulation. The cooperation arrangements reflect that market abuse can happen over connected markets, including outside of the bloc.
"Market abuse can take many forms and concern different markets at the same time," the EU authority said in guidance published Tuesday. "As...
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