Proposed $7bn Merger of LSE/TSX May Complicate Regulatory Oversight
Mineweb reports that on concerns the proposed LSE/TSX merger may result in loss of Canadian oversight of the markets.
The editorial states:
Toronto Securities attorney Joe Groia, a former director of enforcement for the Ontario Securities Commission, told the Globe and Mail “it’s a great step forward.” Nevertheless, he warned, “from the standpoint of policing the market, it’s going to be a regulatory nightmare.”