Commenting on Bailey’s speech, chief marketing officer at research firm Third Bridge Joshua Maxey said the firm had seen “very aggressive pricing by the sell-side, much of which is below fair market value, which raises questions about the unintended consequences MiFID II has created”.
Investment Week: FCA’s Bailey: Mifid II to save investors £1bn
Third Bridge co-founder Joshua Maxey responds to FCA chief executive Andrew Bailey's commentary about the effectiveness of Mifid II one year after implementation.
