Blythe Masters said distributed ledgers have tipped over from speculative to real.
The buy-side says regulators efforts to fix market structure fall short.
AIFMD excludes non-EU managers and reduces capital available for infrastructure.
In finance, does the the public interest in safety conflict with the incentives within the industry ?
Morningstar reviewed the academic research into ESG over many years.
Increased data transparency should improve market quality.
Exchange operator expands suite of corporate and municipal bond data.
Pre-trade and post-trade transparency requirements are likely to have the greatest impact.
The proposals are aimed at Europe but could be adopted globally over time.