Socialists press EC president to intervene in private equity consultation

Jose Manuel Barroso, president of the European Commission, has been urged by members of the socialist party to intervene in a consultation on the regulation of Europe’s private equity industry that they fear will result in self regulation.

The Party of European Socialists wrote to Barroso yesterday to complain about a consultation process on the regulation of hedge funds and private equity, which the party argues only includes hedge funds and will allow private equity to regulate itself.

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Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust WatchdogExternal link

Aviva Takeover of Direct Line Gets Green Light From U.K. Antitrust Watchdog