European Commission floats concept of investment bans in latest Mifid consultation
The European Commission released a consultation paper on its Review of the Markets in Financial Instruments Directive (Mifid) on December 8 that includes some alarming statements on the potential power to ban certain investments, with structured products on prominent display. Consultation on the working document is due to finish on February 2, 2011; in the interim, the member states will be given their first opportunity to introduce their thoughts and suggestions.
While explaining the latest EU
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