Citisoft's Cosmo Wisniewski was recently featured in Funds Europe, discussing MiFID II research cost challenges and solutions. As the date for compliance approaches, some firms have announced they'll absorb all research costs. Industry thought leaders are cautioning that unanswered questions loom and MiFID II's impact is still not completely understood.
Cosmo commented that the uncertainty could last for well after the regulation goes into effect in January. "This one will roll on and on, and we expect a rumble that continues for 18-24 months at least."
For more insight on MiFID II questions and considerations, read the full article.
