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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

Published Tue, Jan 2, 2018 · 09:50 PM
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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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