Deleveraging leads to improved outlook to neutral from negative
Move allows more time to deal with operational, regulatory issues
Industry taskforce to oversee transition in line with continental Europe
Demand for advice, strong markets to drive growth in client assets
Investors didn't get paid for lending securities, SRO alleged
Industry committee to lead technical work on transition to faster settlement
Policymakers aim to address issues exposed in March 2020 market stress
Earlier decision requiring clearing broker to produce records overturned
SRO proposes mandatory close-out requirements that aim to prevent failed trades, align with U.S. regime
ESMA issues series of guidance ahead of new regime's launch at year end