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CESR published a guide for retail investors on the MiFID Directive. The guide explains the new protections retail consumers will experience in buying financial services.
“Ensuring the MiFID Directive is able to fully realize its potential for Europe’s retail investors depends greatly on retail investors across Europe understanding their rights, the protections provided, and the responsibilities of both the firm and consumer”, Jean-Paul Servais, Chairman of CESR’s MiFID Expert Group said. “The degree of investor protection is directly related to the reliance that you place on the firm and on yourself.”
Retail investor guide on MiFID