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Opinion
The Editors

Europe’s MiFID II Challenge to U.S. Finance

The new rules are proving tough to implement, but they'll give Europe an edge in the end.
The way forward.

The way forward.

Photographer: Christophe Morin/Bloomberg

Europe’s regulators and financial institutions are under the gun: With a Jan. 3 deadline approaching, they’ve been scrambling to comply with new rules designed to make the region’s capital markets more investor-friendly.

The goal -- if not the way the policy is being implemented -- is one their counterparts in the U.S. might want to consider.