Cautious welcome for latest Prospectus Directive advice March 06, 2012 X LinkedIn Email Show more sharing options Copy Link URLCopied! Print X LinkedIn Email Part two of Esma's level two Prospectus Directive advice has been cautiously welcomed by the legal industry, however minor clarifications are still required. Unlock this content. The content you are trying to view is exclusive to our subscribers. To unlock this content: Take a Free Trial or Login