Is the Sky Really About to Fall?

Despite the various conferences, newspaper articles, and 'MiFID for Dummies' breakfast meetings, one theme has dominated the general chitchat about the EU Directive these past few weeks. Is MiFID really that big a deal?

Really? MiFID has been described in various mediums as "far reaching" and "poised to bring fundamental change" to the European markets. One senior manager at a data management vendor went so far as to call it "a tsunami" whose impact across the region will be devastating.

However

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SEC squares off with broker-dealers over data analytics usage

The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC to regulate AI.

The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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