As mentioned in a previous post, new rules on how dealing commissions can be used by investment managers to pay for research and other services were proposed by the FCA in November of 2013. The UK regulator gave the industry 3 months to respond, and as one might have expected, many market participants have made their voices heard.
MiFID II May Not Ban Commissions for Research After All
Posted on the 14th November 2014 by Gillian Elcock
The investment industry in the UK and Europe has been very much focused for the past few months on MiFID II and the fact that these regulations would ban asset managers from using dealing commissions to pay for research.
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