Association claims the rules will have a contagion effect on the rest of the market
Trade body the World Federation of
Exchanges has waded into the growing debate over the Basel
Committee’s revised leverage ratio framework,
saying the revised rules will have 'contagion
effects’ in other parts of the market.
The World Federation of Exchanges (WFE) is
the seventh trade body this week that has reacted negatively to
the Basel Committee’s revised framework on
leverage ratio requirements.
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