Week InReview: November 30, 2018

Sponsored research

"New securities-trading rules are having one pernicious side effect on European stock markets: Research is increasingly paid for by those being researched.

"So-called sponsored research has long been common in the bond market, where ratings firms are paid by firms to grade their credit risk. The European Union's catchily-named second Market in Financial Instruments Directive, or MiFID II, is helping extend the problem to equities."

The Dangerous Rise of Sponsored Stock Research

- The Wall Street Journal

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