CFA Institute Comment Letter on the ESMA Consultation on Draft Guidelines on MiFID II Product Governance Requirements

CFA Institute Comment Letter on the ESMA Consultation on Draft Guidelines on MiFID II Product Governance Requirements. CFA Institute submitted a response to ESMA’s consultation paper on draft guidelines for MiFID II product governance requirements. Our comments focus on the extent to which manufacturers and distributors should have obligations to consider client characteristics when designing and distributing financial products.