More Bite? Europe Braces for MiFID II

Alexandra Foster, Instinet

MiFID II doesn’t exist—depending on who you ask, at least. Despite the fact that almost every segment of the European securities markets is getting ready for the next iteration of the EU’s 2007 Markets in Financial Instruments Directive (MiFID), any mention of this actually representing a clear-cut second generation of legislation is often met with a stern rebuttal—from regulatory bodies and resolutely diplomatic market participants alike.

The standard response is summed up by Alexandra Foster

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