Institutional Investors In Waiting Game With Brokers Over Research, MiFID II

As the US Securities and Exchange Commission readies a plan to “blunt the fallout” MiFID II regulations that are fast approaching, a Greenwich Associates survey shows that the delicate game of negotiation between brokerage firms and institutional investors over research is coming down to the wire. In an apparent high-stakes game of chicken, investors appear to be patient, waiting for research prices to break as mifid ii regulation  deadlines approach. [icahn]   Institutional investors and the negotiation waiting game as Mifid ii regulation approaches January 2018 is the month that MiFID II regulation require brokerage firms to separate the cost…