Sweden Weighs Stricter Bond-Trading Rules After Funds Gated
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Sweden’s financial watchdog says it may need to tighten rules around bond trading following a liquidity crunch that led 35 fixed-income funds to slam shut in March.
Peter Svensson, a spokesman for the Financial Supervisory Authority in Stockholm, said one area of particular interest is an exemption granted to Swedish securities firms a few years back, essentially giving them more lenient reporting obligations.