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EU hedge-fund leverage-cap guidance put out for consultation by ESMA

( March 27, 2020, 16:31 GMT | Official Statement) -- MLex Summary: EU hedge funds and other alternative investors would face common EU leverage caps under proposals being consulted on by market watchdog ESMA. The Paris-based EU agency wants to limit the chance of panic spreading across the financial system in the wake of sudden fire sales by over-indebted funds.Statement follows. Consultation attached. ...

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