 | | The Markets in Financial Instruments Directive (“MiFID”) is a new body of regulation mandated by the European Union, intended to enhance and harmonize investor protection and increase transparency and competition in the European markets. It establishes a consistent regulatory framework across the European Economic Area (“EEA”), and will change the way the capital markets operate across Europe in terms of both individual participants and the market infrastructure. MiFID introduces new and more extensive requirements with which investment firms must comply.
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