MiFID Rollback Weighed by Lawmakers Aiming to Jump-Start Economy
- Investors could opt out of recorded calls if EU revises rules
- Deutsche Bank, BlackRock among firms that lobbied for changes
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European policy makers are taking early steps to relax one of their signature pieces of securities legislation as a way to help the economy recover from the coronavirus.
Authorities in the European Union hope further easing of the MiFID II rulebook in the coming months will encourage firms to invest, trade and raise funds on public markets, according to people with knowledge of the matter and private documents seen by Bloomberg News.