The Financial Services Authority is debating whether to open to competition the way in which regu...
The Financial Services Authority is debating whether to open to competition the way in which regulatory information about listed companies is communicated to the market. If the move goes ahead it will mean the Regulatory News Service (RNS), owned and operated by the London Stock Exchange, will no longer be the sole primary information provider in the UK. Michael Foot, Managing Director of the FSA, said: "These proposals to open up the system to competition should benefit the UK equities markets by making information dissemination cheaper for the market as a whole. Listed companies s...
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