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Viability of the EU OTC commodity forward markets hinged on one word in the recital of the European Commission Regulation
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Commission Delegated Regulation of 18 May 2016 - relaxed legal corset on energy traders
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Flawed inception of mandatory clearing
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MiFID II own account exemption modified
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Also proprietary traders must prosecute market abuse under MAR
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MAR publication channels: ESMA vs. EC
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