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EU Finds Firms Fall Short On MiFID II Suitability Rules

By Najiyya Budaly (July 21, 2021, 1:46 PM BST) -- National regulators will take action against investment companies that fail to properly assess whether products are suitable before selling them to consumers, Europe's markets watchdog said on Wednesday after finding holes in compliance with MiFID II rules on product suitability in the sector....

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