Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-11-Speech-4-202"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2010-11-11"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20101111.21.4-202"2
lpv:hasSubsequent	lp_eu:2010-11-11-Speech-4-9692
lpv:speaker	lp:Bruno Gollnisch2
lpv:spokenAs	unknown; Front national (2009-07-14--2014-06-30)3 member; NA (2009-07-14--2014-06-30)3 substitute; BUDG (2009-07-16--2012-01-18)3 member; Delegation for relations with Japan (2009-09-16--2014-06-30)3 member; TRAN (2009-07-16--2012-01-18)3
lpv:translated text	"I voted in favour of the compromise reached, after months of negotiations, on the regulation of alternative investment fund managers. I voted in favour of it because, even though it has its shortcomings, it would be unacceptable to allow certain investment funds to continue to act with complete impunity when we know that they have helped exacerbate and spread the crisis. I deplore, in particular, the weakness of the provisions on leverage, the weakness of the guarantees regarding offshore funds, which will be able to obtain a passport, and the weakness of the obligations incumbent on private equity funds, which are often experts in stripping the assets of unlisted companies. I deplore the fact that we have to tolerate these predators operating throughout the EU subject to registration and minimum checks. However, what more could we have expected from a text that is aimed at regulating not speculative funds but their managers, and which seeks to manage risk rather than to prevent this speculation?"@en1

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