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Investment Week: FCA’s Bailey: Mifid II to save investors £1bn

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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.

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”.

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