MoneyMate: Buy Side Wary of Regulatory Changes
A recent survey of about 50 buy-side organizations from both the US and Europe sheds light on the firms’ continued apprehension of regulatory changes. The survey, which was conducted by data management vendor MoneyMate, found that only 14 percent of respondents were "fully prepared" for upcoming regulatory changes.
In the US, the problem appears to be a bit more stark, as nearly two-thirds of firms said that the Dodd–Frank Act was a "major concern."
"I think they're worried about different
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