EU agrees deal on securities rules that includes ban on broker commission

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EU agrees deal on securities rules that includes ban on broker commission
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The European Union said on Thursday that member states and the European Parliament have reached a deal on updating the bloc's 'MiFID' securities trading rules.

European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, June 5, 2020. REUTERS/Yves Herman/File Photo

The EU has been reviewing its securities trading rules to reflect advances in trading technology and also the departure of Britain from the bloc, presenting new competition to EU markets.

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