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ICAP has confirmed that it is pulling out of the Wholesale Markets Brokers Association Americas, an industry advocacy it helped form six years ago, saying that since the U.S. created and implemented Dodd-Frank, the bulk of global regulatory reform efforts have now moved to Europe and elsewhere, and that ICAP’s efforts are therefore best directed outside the WMBAA membership. The announcement comes less than two months before SEFCON, the association’s annual conference. View page

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