Law360
The SEC Should Let Broker-Dealers Unbundle Research Costs
June 11, 2019
The U.S. Securities and Exchange Commission is considering important questions concerning the regulation of research services provided by U.S. broker-dealers. Paradoxically, the issues arise because of a directive from the European Parliament commonly known as MiFID II. MiFID II requires European Union investment managers to unbundle research and execution costs, and will continue to impose this requirement for the foreseeable future.
Contacts

Capabilities
Suggested News & Insights
Houston Chief Compliance Officer RoundtableWednesday, April 29, 2026Sidley Lawyers to Speak at the 2026 FIA Law & Compliance Division ConferenceWednesday, April 15 ― Friday, April 17, 2026U.S. DOL Proposes New Safe Harbor for Selecting Investment Options for 401(k) Plans, Including Options With Alternative AssetsApril 6, 2026Sidley Discusses CFTC Guidance, Advance Notice of Proposed Rulemaking for Prediction MarketsApril 2, 2026Out With the New, In With the Old: The “Five-Part Test” Rides AgainMarch 30, 2026U.S. CFTC, SEC Enter Into Historic Memorandum of Understanding, Joint Harmonization Initiative to Enhance Regulatory CoordinationMarch 27, 2026
- Stay Up To DateSubscribe to Sidley Publications
- Follow Sidley on Social MediaSocial Media Directory
