The Committee of European Securities Regulators (CESR) published three consultation papers on its technical advice to the commission in its review of Markets in Financial Instruments Directive (MiFID).

CESR has been working on functional assessment of the MiFID regime since 2008, when it provided its advice to the commission on the review of the MiFID provisions relating to commodity derivatives business. A public hearing on the MiFID revisions will be held May 17 and the deadline for comment on all consultations is May 31.

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