Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-09-22-Speech-3-920"
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"en.20100922.20.3-920"2
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"I voted for this report as it has consumer protection as its main objective. In response to the complex nature of existing financial services, I have urged for consumer protection to be at the heart of the ESAs’ activity. They will have the power to investigate certain types of financial institutions, financial products such as toxic products, or financial activities such as ‘naked short selling’, as well as to evaluate the risks which these institutions may pose to the financial markets and, if necessary, issue warnings. In certain specific cases provided for in the financial legislation, ESAs may ban or restrict certain risky financial products or activities, or even ask the Commission to table legislative proposals which will ban such activities or products permanently."@en1
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