The reliably interesting Joachim Klement covers MiFID2 in his excellent Substack today. For a suite of regulation that cost tens of billions to implement, I have never heard one positive thing said about MiFID2. Unfortunately, Joachim doesn't buck that trend and instead points out the research showing how it has led to increased costs and reduced liquidity. Perhaps someone can explain how MiFID has improved my life. https://lnkd.in/dTVUKZqb