Reuters Regulatory Pressure and Lionel Laurent

Lionel Laurent: Reuters Regulatory pressure to undo the traditional way brokers sell research alongside share dealing is alarming traders in Europe, who fear a further drop in business and more cost-cutting in an already tough environment, according to Euro News. Total spending is estimated at 2 billion pounds in the UK and about $10 billion in the US and By Lionel Laurent At stake is the lucrative but opaque system under which fund managers pay brokers an all-in commission on every trade, charged to the funds clients, which covers not only the execution of the deal but research and other services. (news.financializer.com). As reported in the news.