Kill switches are among MiFID proposals, and NYSE Euronext, NASDAQ and other exchanges informed the SEC Friday that they are ready for kill switches.

FORBES: Europe Takes Control Of High-Speed Trading

Moulange explained that the European counterpart to Dodd-Frank is MiFIR, the Markets in Financial Information Regulation, a step up from MiFID, which was merely a directive.

FORBES: New Financial Regulations -- Profitable Opportunities, For Vendors

Fears about regulation extend beyond the Europeans and MiFID.

ECONOMIST: Good times rarely last