The European Parliament formally agreed to delay the rollout of the Markets in Financial Instruments Directive II for one year, until January 3, 2018, according to published reports. The European Commission had recommended such action in February 2016 (Click here for details in the article, “EC Formally Proposes Delaying MiFID II Rollout for One Year” in the February 14, 2016 edition of Bridging the Week.)