Challenges for the buy-side and research providers become a reality as SEC allows ‘no-action’ research letter to lapse
The TRADE
JULY 3, 2023
Following the implementation of Mifid II in 2018, Europe unbundled trading and research, resulting in all asset managers having to pay for research in cash only. A solution that some bulge bracket firms have opted for. Solutions will depend on who you are, where your offices are and where your clients are located. “If
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