2015 Year in Review: Regulatory Uncertainty Breeds Confusion, Opportunity
The plethora of current and upcoming regulatory changes is creating opportunities for vendors.
However, at the European Trading Architecture Summit in November, panelists specifically warned attendees not to assume that three would be any delays, but to press onward to the original deadlines, and to keep demanding further clarification of how to fulfill MiFID 2’s data requirements (IMD, Nov. 24).
A key complaint of regulators throughout the year is that they have not provided enough prescriptive advice for firms to confidently implement their rules, such as how a panel at the North
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