Europe posing a challenge to US finance with MiFID II
Once the bugs are ironed out, Europe will emerge with a system much better suited to modern investing
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Washington
EUROPE'S regulators and financial institutions are under the gun: With a Jan 3 deadline approaching, they've been scrambling to comply with new rules designed to make the region's capital markets more investor-friendly.
The goal - if not the way the policy is being implemented - is one their counterparts in the US might want to consider.
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