In order to ensure that Directive 2004/39/EC is referenced in Regulation (EU) No 909/2014 until the extended date of application of the new legal framework and that the transitional provisions for MTFs applying for registration as SME growth markets under Regulation (EU) No 909/2014 are maintained so as to provide sufficient time for MTFs to apply for such registration under Directive 2014/65/EU, Regulation (EU) No 909/2014 should be amended.
D'fhonn a áirithiú go ndéanfar tagairt do Threoir 2004/39/CE i Rialachán (AE) Uimh. 909/2014 suas go dtí dáta iarchurtha chur i bhfeidhm an chreata dhlíthúil nua agus go gcaomhnófar na forálacha idirthréimhseacha maidir le MTFanna atá ag cur isteach ar chlárú mar mhargaí fáis FBM faoi Rialachán (AE) Uimh. 909/2014 chun go dtabharfar go leor ama do MTFanna chun cur isteach ar an gclárú sin faoi Threoir 2014/65/AE, ba cheart Rialachán (AE) Uimh. 909/2014 a leasú.