Esma released over 30 comment letters to its proposed benchmark reforms
The world’s largest exchanges
have expressed concerns over the new European Benchmark
Regulation (BMR) in a series of comment letters released by the
European Securities and Markets Authority.
Several of the comment letters, including
those of the Intercontinental Exchange (ICE) and Deutsche
Boerse Group, highlighted concerns over the definition of an
issuer of a financial instrument, objecting to the inclusion of
exchanges and regulated markets.
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