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
Out 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, 2026SEC Releases Landmark Interpretation on Application of U.S. Securities Laws to Crypto Assets, in Coordination With CFTCMarch 24, 2026Fifth Circuit Holds U.S. FTC’s In-House Adjudication of Deceptive Advertising Claim Unconstitutional Under JarkesyMarch 24, 2026Sidley Advises on the Upsized US$966 Million IPO of Janus LivingMarch 23, 2026U.S. CFTC Issues Guidance, Advance Notice of Proposed Rulemaking Regarding Prediction MarketsMarch 23, 2026
- Stay Up To DateSubscribe to Sidley Publications
- Follow Sidley on Social MediaSocial Media Directory
