Body has updated its code of conduct to include fixed income and commodities
Trade body ACI – Financial
Markets Association said it is looking to expand the remit of
its code of conduct to involve the buy-side and nearing the
completion of its work to include the fixed income and
commodities markets in the code.
President of ACI – Financial
Markets Association Marshall Bailey, told FOW that interest
from the buy-side is growing.
"Many institutions recognise that they may
soon find themselves under regulatory scrutiny. Rather than
push back against potential new rules, many buy-side companies
are beginning to prepare themselves."
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