Almost three quarters of asset managers have concerns over Markets in Financial Instruments Directive ( plc ) measures to be imposed from January 2018 , according to a survey by State investors , with 59 percent of respondents agreeing that the increased transparency of in - scope instruments from these instruments will impact their firms . Rory Tobin , the global vice - head of SPDR asset - Traded Funds , said that the underlying liquidity required by MiFID will increase confidence in investment products , thus further stimulating their growth .
Almost three quarters of asset managers have concerns over Markets in Financial Instruments Directive (MiFID) II to be imposed from January 2018, according to a survey by State Street, with 59% of respondents agreeing that the increased transparency of in-scope instruments from these regulations will impact their firms. Rory Tobin, the global co-head of SPDR Exchange-Traded Funds, said that the underlying liquidity required by MiFID will increase confidence in investment products, thus further stimulating their development.