European market size and liquidity is being dramatically under-estimated.
Duplication & inconsistent requirements have led to increased costs.
The SEC has proposed that companies should be able to file semiannual reports.
This proposal is an important step in future-proofing the regulatory framework for event contracts.
The regulator said the rules are overly burdensome and costly.
Public companies are currently required to file quarterly reports on Form 10-Q.
The proposed amendments would eliminate filing requirements for smaller advisers.
The FCA has consulted on the UK consolidated tape and transaction reporting.
ICMA strongly supports the objective to deliver a streamlined framework that will cut costs for business.