{"id":2631,"date":"2023-07-21T14:13:46","date_gmt":"2023-07-21T14:13:46","guid":{"rendered":"http:\/\/thisbiginfluence.com\/?p=2631"},"modified":"2023-07-21T14:13:46","modified_gmt":"2023-07-21T14:13:46","slug":"epic-mifid-u-turn-leaves-shrunken-research-business-in-its-wake","status":"publish","type":"post","link":"https:\/\/thisbiginfluence.com\/?p=2631","title":{"rendered":"Epic MiFID U-Turn Leaves Shrunken Research Business in Its Wake"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div>\n<p>Doomsayers who <bsp.bb.link state=\"{&quot;bbDocId&quot;:&quot;OZG9X76S9729&quot;,&quot;_id&quot;:&quot;00000189-7879-da14-addf-79fd64ab0000&quot;,&quot;_type&quot;:&quot;0000016b-944a-dc2b-ab6b-d57ba1cc0000&quot;}\">predicted<\/bsp.bb.link> the dire influence MiFID II would have on the enterprise of fairness analysis turned out to be spot-on. As regulators lastly attain the identical conclusion and put together to reverse the principles, the market Cassandras have an equally gloomy message: The harm can be exhausting to undo.<\/p>\n<p>5 years after the laws compelled asset managers within the UK and European Union to pay for analysis individually from buying and selling, sell-side evaluation throughout the area is in a sorry state. <\/p>\n<p>Analysis spending throughout Europe has <bsp.bb.link state=\"{&quot;bbDocId&quot;:&quot;RXM8P6T0G1KW&quot;,&quot;_id&quot;:&quot;00000189-7879-da14-addf-79fd64ac0000&quot;,&quot;_type&quot;:&quot;0000016b-944a-dc2b-ab6b-d57ba1cc0000&quot;}\">dropped<\/bsp.bb.link> by nearly a 3rd since a 2015 peak, whereas a flock of high analysts &#8230;<\/p>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.bloomberglaw.com\/banking-law\/epic-mifid-u-turn-leaves-shrunken-research-business-in-its-wake\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Doomsayers who predicted the dire influence MiFID II would have on the enterprise of fairness analysis turned out to be spot-on. As regulators lastly attain the identical conclusion and put together to reverse the principles, the market Cassandras have an equally gloomy message: The harm can be exhausting to undo. 5 years after the laws [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[54,1318,2207,3298,1344,3300,3299,3301],"class_list":["post-2631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","tag-epic","tag-leaves","tag-mifid","tag-research","tag-shrunken","tag-uturn","tag-wake"],"_links":{"self":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts\/2631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2631"}],"version-history":[{"count":0,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts\/2631\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/media\/2633"}],"wp:attachment":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}