US firms must pay attention to research billing, unbundling under MiFID II
Have a read of Daniel Carpenter’s piece in FundOperations‘ article, 26 October 2017, ‘US firms must pay attention to research billing, unbundling under MiFID II’.
“Weeks after Sharon Bowen, commissioner for the Commodity Futures Trading Commission (CFTC), strongly endorsed US adoption of MiFID II (Markets in Financial Instruments Directive) rules, American financial institutions are beginning to slowly realize that a paradigm shift is coming to the…”
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