07/11/2011 - EU Says RDR Commission Ban OK
EU Says RDR Commission Ban OK.
MiFID II directive was published last month and includes proposals on banning inducements for independent advisers, but nothing was mentioned regarding non-independent distribution models. However, the omission of tied advisers from MiFID II may have more to do with the fact that non-independent models dominate the advice landscape in most EC nations.
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