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Speech: ESMA Chair Steven Maijoor – AFME Market and Liquidity Conference

( February 8, 2012, 16:40 GMT | Official Statement) -- MLex Summary: The European Securities and Markets Authority may need more time to draft technical rules on derivatives trading, Chair Steven Maijoor said to an industry conference. Under those rules, clearinghouses will face constraints on their reinvestment of the collateral they receive from banks, to ensure that the cash is not just returned to banks.Click the attachment at bottom for the full text of the prepared remarks....

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