Financial Regulatory Forum

Government intervention said unlikely in EU share-data fragmentation

By Huw Jones
LONDON, Sept 8 (Reuters) – Fragmentation of share trading data makes it harder for European investors to spot the best prices but there is no appetite so far for public intervention, industry officials said on Tuesday.

U.S. Justice Department investigates credit default swaps

NEW YORK, July 14 (Reuters) – Markit Ltd, a dealer-owned provider of prices in the credit default swap market, said on Tuesday the U.S. Justice Department is investigating the $26.5 trillion market.

“Markit has been informed of an investigation by the Department of Justice into the credit derivatives and related markets,” the company said in a statement, but it did not specify the targets of the investigation. (more…)