A European investor advocacy group has launched a last-ditch attempt to push for changes to the Market in Financial Instruments Directive text which it claims "discriminates" against the end investor. The new lobbying effort comes as European policymakers move to put the finishing touches on the text in coming weeks.

The European Federation of Financial Services Users, known as EuroFinuse, yesterday called on policymakers to make it easier for retail investors to negotiate the financial markets and to strengthen the wording around best execution.