Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-425-000"
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"en.20110705.34.2-425-000"2
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"This report has two merits. It calls for national authorities to be given the right to restrict short selling within their territory. It calls for fairly significant fines to prevent short sellers who are unable to pay their debt from being able to make profits on their sales. It is unfortunate, though, that at no point does this report return to the damaging logic of short selling and the contracts known as credit default swaps (CDSs). The miserable guarantees called for by the Commission are not strengthened here. What is more, all the powers are once again given to the Commission. I am abstaining because of the two acceptable proposals that this report contains."@en1
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