FESCO opens Consultation Process on Alternative Trading Systems

11 June 2001

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FESCO mandated the Expert Group to develop proposals to address the risks potentially posed by investment firms operating ATSs. The intention was to develop proposals that FESCO members could implement ahead of any changes in EU legislation. These proposals would also provide the Commission with FESCO’s more detailed view of the regulation considered appropriate for these systems before the Commission drafted amendments to the ISD. The Expert Group presented its proposals to the FESCO meeting in May and this paper sets out those proposals for public consultation. FESCO would welcome comments on all aspects of the consultation paper.

See full proposal
See press release

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