Brussels, 13/11/2000 (Agence Europe) - The idea to create a single Community securities regulatory authority was not adopted by the "Committee of Wise Men on the Regulation of the European securities markets", which, last week, presented its preliminary report. The group chaired by Alexandre Lamfalussy concluded rather for the urgent reform of the European regulatory system. "We can no longer afford the luxury of regulatory inefficiency in the instantaneous Internet age. Financial markets...