Cesr to step up securities and derivatives scrutiny

The Committee of European Securities Regulators (Cesr) has announced in a statement that it will intensify its monitoring of the securities and derivatives markets.

In response to these markets showing "exceptional volatility", members of Cesr have voted for increased supervision.

Of particular interest will be potential breaches of conduct of business rules and cases of market abuse. This will allow for co-ordination of the actions of regulators at a national level. Cesr-Pol, the committee's st