Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-25-Speech-4-381-000"
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"en.20121025.28.4-381-000"2
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"Mr President, the economic and financial crisis has emphasised the shortcomings in the activity of the financial markets, and their development has highlighted the need to strengthen the regulatory framework for the financial instrument markets.
I would underline that a global regulatory framework guaranteeing higher quality in the conduct of transactions is needed. Its expansion is justified by the greater complexity in the range of services and instruments, which has meant that investors are resorting to this type of market with increasing frequency. I believe that this will make it possible to preserve the integrity and efficiency of the financial system.
I would like to draw attention to the fact that trading activities must be pursued at regulated locations and must be defined by complete transparency; these criteria should apply to all types of trading locations."@en1
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