Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-427-000"

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"en.20110705.34.2-427-000"2
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"I voted in favour of this report because it seeks to harmonise the Member States’ rules on short selling, eliminate existing divergences and ensure that the internal market functions properly. Short selling is a common practice in most financial markets and, although it usually concerns share trading, it not infrequently takes place in the trading of other kinds of financial instruments, such as government bonds. The report adopted today introduces common transparency requirements across the European Union and harmonises the powers that regulatory bodies can use in exceptional situations that seriously threaten financial stability or market confidence."@en1

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