Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-376-000"
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"en.20121025.28.4-376-000"2
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"Mr President, Mr Langen, are you aware that the compromise position as it stands does not, I am sorry to say, entail any major changes to the majority of commission-based advice? The transparency requirements in this area are essentially the same as in MiFID I and only apply to independent financial advisers, of which there are hardly any in Germany. Only there is a ban on commissions being demanded. In every other area, commission-based advice, which to a large extent has led to bad investments, will continue. Are you aware that, according to your own view, you are actually criticising Mr Ferber unfairly here?"@en1
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