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Axa IM talks of systemic risk from sec-lending limits

The global trading head at Axa's investments arm argues that exemptions are required to broad-brush transparency regulation to prevent a funding seizure.
Axa IM talks of systemic risk from sec-lending limits

Regulators’ broad-brush imposition of transparency disclosure requirements to include securities lending is disrupting market access to new funding channels and could cause systemic risk, warns Axa Investment Managers.

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