The EU Markets in Financial Instruments Directive II (“MiFID II”), which came into effect on January 3, 2018, raised concerns that U.S. broker-dealers that would receive “hard dollars” for research ...
The UK’s Financial Conduct Authority (FCA) is hoping to publish the long-awaited conclusions of its review into the implementation of the EU’s Markets in Financial Instruments Directive (Mifid II) ...
The UK government has since affirmed its intention to implement all of these recommendations. We discuss the key areas of reform in more detail below. Generally, the Review notes that the quantity, ...
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