One of the latest ones to make the pink papers is EMIR (European Market Infrastructure Regulation) so we at TradeTech DACH set some questions to Mr. Goodman to find out what the possible – if not intended – outcomes of EMIR may be.If EMIR comes in as proposed, will it be an overall positive change for the DACH nations, and why?Broadly speaking we should welcome a second wave of legislation to address some of the short-comings which resulted from MiFID I.Whilst fragmentation in itself is not a bad thing the lack of a consolidated tape has emphasised the downside of this market structure rather than the upside. There has been no viable market response to this and whilst legislation should be the last resort it appears necessary in this instance, and in principal is widely supported by the industry.Read more articles like this;THE WORLD OF REGULATION:What's Next?TOBIN TAX: And It's Impact On Taxing of Trades