Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-434-156"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-11-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20111115.27.2-434-156"2
lpv:hasSubsequent	lp_eu:2011-11-15-Speech-2-434-1592
lpv:speaker	lp:Sergio Paolo Francesco Silvestris2
lpv:spokenAs	member; EPP (2009-07-14--2012-02-02)3 substitute; BUDG (2010-05-05--2012-01-18)3 substitute; Delegation for relations with Albania, Bosnia and Herzegovina, Serbia, Montenegro and Kosovo (2009-09-16--2014-06-30)3 member; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2009-09-16--2014-06-30)3 member; AGRI (2010-05-05--2012-01-18)3 unknown; Il Popolo della Libertà (2009-07-14--2013-12-11)3 member; Delegation for relations with the Maghreb countries and the Arab Maghreb Union (2009-09-16--2014-06-30)3
lpv:translated text	"To put an end to the current fragmentary situation, where some Member States have adopted different measures, it is important to work in a harmonised way to deal with the potential risks deriving from short selling and credit default swaps. If the price of a financial instrument rises significantly in one trading venue, in a way that is clearly disproportionate to previous values, the competent authorities should have the power to temporarily ban sales of that instrument in that venue. The rules put forward by the Committee on Economic and Monetary Affairs are designed to tackle the risks identified, increasing the liquidity of the market and allowing investors to act when they think that a security is overvalued so that short selling leads to a more efficient system of price formation. However, this must all be done bearing in mind the differences between Member States, the potential economic impact of the rules themselves, and without unduly reducing the benefits that short selling brings for the quality and efficiency of the market."@en1

Named graphs describing this resource:

The resource appears as object in 2 triples

Context graph