Portfolio 10% drop rule from MiFID II to be scrapped from next year
The contentious ‘10% drop rule' relating to clients’ investment portfolios first introduced in 2018 will be scrapped from next year.
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The contentious ‘10% drop rule' relating to clients’ investment portfolios first introduced in 2018 will be scrapped from next year.
Been looking at that with committee members. i agree with the president, donald trump is right when he says you've got to have growth. the growth component is going to come from tax reform. they can make you might help us deal with overcoming the deficit. that some thing on very strong on. after we get tax or form that is where we are headed next. >> harris: critics say why do it now, why do you need tax cuts? >> i've heard democrats talk about this, they never want tax cuts. what we are simply saying is if we got to start going with regulation reforms, president, people who are saying let's m...
And my position is the same as sherrod brown, very sensible, put a size cap on the banks, make them smaller. as an additional piece to the other regulation reforms. that's my views and the senators' views on what it would take to reduce the risk associated with the banks too big to fail. but this group calling itself too big to fail is wrapping itself in some of the same appearances. when you see the tv ad, no mistaking it, this is a kill the bill ad, and we now understand this very clearly and we will go after them most strenuously, i can assure you. >> one of the tensions that happened among...