EU Rules TV Script Complaint Not Securities Market Issue

Law360, London (October 12, 2020, 3:14 PM BST) -- Europe's top regulators said on Monday that they have dismissed a case brought by an individual who alleges that the bloc's markets watchdog failed to investigate intellectual property abuses linked to a television script that he wanted to sell to Netflix, ruling that the complaint does not involve the securities markets.

The board of appeal of the European Supervisory Authorities said that the European Securities and Markets Authority could not investigate or take regulatory action in a complaint brought by Jeffrey Howerton. His complaint to ESMA in July 2020 alleged that six national regulators in the EU should have acted when...

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