If we impose an FTT on all of the EU then there might be some movement of transactions out of the EU. But if we impose an FTT only upon the eurozone, the 17 countries that make up the euro, and leave London out of it, what do we think is going to happen?

FORBES: Wolfgang Sch?uble Asks for the Worst of all Possible Worlds

The conduct engaged in by MSSB in this case represents an unfair method of competition in the securities industry precisely because it attempted, either explicitly, implicitly or through nefarious and surreptitious means, to impose upon Fidelity, a non-Protocol firm, rules of commerce by which it never agreed to be bound.

FORBES: Morgan Stanley Wins Unfair Competition And Raiding Case Against Robert W. Baird

The conduct engaged in by MSSB in this case represents an unfair method of competition in the securities industry precisely because it attempted, either explicitly, implicitly or through nefarious and surreptitious means, to impose upon Fidelity, a non-Protocol firm, mles of commerce by which it never agreed to be bound.

FORBES: Morgan Stanley Smith Barney Eviscerated In Fidelity Unfair Competition Case