Wall Street Braces for Fresh Fight Over MiFID II Rules

The video discusses the expiration of Europe's Method 2 rules, which require brokers to charge separately for trading and research. The SEC has previously shielded US brokers from these rules, but this reprieve is set to expire next month. The video explores the background of US and Europe disagreements on this issue, the specific requirements of Method 2, and the potential impact on the industry. With the expiration approaching, there is pushback from the industry, and it remains to be seen how this will unfold, especially as no further extensions are expected.

Discuss the historical context of the disagreement between Europe and the US regarding investment research regulations.

What did Gary Gensler indicate about the possibility of a further extension of the reprieve?