Brussels blocks Swiss bourses' access to EU market

BRUSSELS (Reuters) - The European Commission will not propose extending the equivalence regime that allows Swiss stock exchanges direct access to EU investors, effectively ending it as of July 1, an EU diplomat told Reuters on Friday.Friday is the deadline for the Commission to make such a proposal, but it will refrain from doing so because Bern did not endorse a partnership treaty with the EU that had been under negotiation for years, the diplomat said.Bern's request this month for..