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The boss of one of the world's biggest exchange groups said EU markets rules are the 'worst piece of legislation' he's ever seen

Intercontinental Exchange CEO and founder Jeff Sprecher made the comments at a conference in London on Wednesday.

Jeff Sprecher, chief executive officer of IntercontinentalExchange speaks during the Sandler O'Neill global exchange and brokerage conference in New York June 10, 2011.

LONDON — The boss of one the world's biggest exchange groups said that the upcoming MiFID II rules for financial services companies are "the worst piece of legislation" he has seen in his decades-long career.

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