Editorial Board

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.

January 2, 2018 at 7:00 AM UTC

By The Editorial Board

The Editorial Board publishes the views of the editors across a range of national and global affairs.

The way forward.
Photographer: Christophe Morin/Bloomberg

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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.