Start Date: 10/24/2017 11:30 AM EST
End Date: 10/24/2017 12:30 PM EST
The Council of Institutional Investors
The Markets in Financial Instruments Directive (MiFID) is the framework of European Union legislation for investment intermediaries that provide services to clients around financial instruments. MiFID was applied in the United Kingdom beginning in November 2007, but has been revised to improve the functioning of financial markets in light of the financial crisis and to strengthen investor protection. The changes are currently set to take effect January 3, 2018, with the new legislation being known as MiFID II.
Francis Land, Director of Brokerage and Research Services and John Jannes, Director of Product Management, Trading Analytics, of IHS Markit provided an overview of MiFID II including its impact on industry practices around research consumption and the increased transparency in execution practices - issues addressed by CII policies. Jim Liptak, Director of Equities, Colorado PERA, provided a U.S. public fund perspective.
The teleconference was moderated by CII’s Jeff Mahoney. CII Members can access a recording of this call in CII's Media Archive.