Tuesday, June 26, 2007

UPDATE 1-SEC sees mutual recognition of rules step by step

(Reuters) - BRUSSELS, June 26 - A landmark move by the U.S.
Securities and Exchange Commission to accept the market rules of
a foreign operator's country would be done on a selective basis
first, a senior SEC official said on Tuesday.




The SEC is reviewing how to allow banks, brokers and
exchanges from the European Union and elsewhere to operate on
the U.S. market more easily, without going through a full,
cumbersome U.S. authorisation process.


Read more at Reuters.com Government Filings News

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