FIA responds to MiFID transparency addendum paper

FIA has submitted its response to the ESMA Addendum Consultation Paper on Transparency. The response was supportive of ESMA's legilslative goals in the transparency proposals, but outlined concern from members that an incomplete view of markets may result in inaccurate classifications of illiquid instruments as liquid, and vice versa. There were additional concerns about the quality of the data used for the consultation process.

Access  the full document under "resources" on this page.