U.K. Bond Investors Hail Watchdog's Plan to Axe Costly Research.

The revision, which marks the FCA's first efforts to rewrite the rules since the U.K. left the European Union, applies to one of the most controversial parts of the MiFID II regulations. Keywords: 2630281ZLN; ALLTOP; BON; BUSINESS; COS; EUROPE; EURTOP; FIN; GER; GOV; INDUSTRIES; MARKETS; UK; WORLD; WWTOP; WWTOPEU EN 2630281ZLN ALLTOP BON BUSINESS COS EUROPE EURTOP FIN GER GOV INDUSTRIES MARKETS UK WORLD WWTOP WWTOPEU Fixed-income investors praised plans by the U.K.'s financial watchdog to do away with rules that forced them to pay for research, a change that could save end-investors like pension funds millions of pounds every year. [Extracted from the article]