Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-422-687"

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"en.20110705.34.2-422-687"2
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"This legislative proposal aims to address the absence of regulation to deal with short selling at EU level. Its objective is to harmonise the application criteria within the EU, to harmonise the regulatory powers in emergency situations and to guarantee a clearer European consensus on the necessary response. Following the financial crisis of 2008, the reactions of governments regarding the short selling market have been varied, particularly due to concerns about the sales of shares from financial institutions. These reactions have mainly been a way of avoiding the creation of systemic risks. As such, this report aims to ensure the functioning of the internal market and to improve the conditions for this functioning, particularly for the financial markets, and to ensure an increased level of protection for consumers and investors."@en1

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