MIFID II scrapped impact on ER?

UK government is set to scrap MIFID 2 which I have heard made ER extremely unattractive from a career standpoint but also from a business standpoint, being able to give ER reports as part of your IB offering as a freebie helped win business from what I have been told.

Anyone in ER have thoughts on MIFID 2 being rolled back and what impact you think that might have on you?

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