Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-434-166"

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.20111115.27.2-434-166"2
lpv:hasSubsequent	lp_eu:2011-11-15-Speech-2-434-1122
lpv:speaker	lp:Aldo Patriciello2
lpv:spokenAs	member; CONT (2009-07-16--2012-01-18)3 member; ITRE (2009-07-16--2012-01-18)3 substitute; REGI (2009-07-16--2012-01-18)3 substitute; Delegation to the Euronest Parliamentary Assembly (2009-09-16--2014-06-30)3 substitute; Delegation to the EU-Armenia, EU-Azerbaijan and EU-Georgia Parliamentary Cooperation Committees (2009-09-16--2014-06-30)3 unknown; Il Popolo della Libertà (2009-07-14--2013-12-05)3 member; Delegation for relations with Albania, Bosnia and Herzegovina, Serbia, Montenegro and Kosovo (2009-09-16--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3
lpv:translated text	"At a time of considerable financial instability, short selling could aggravate the downward spiral in the prices of shares, notably in financial institutions, in a way which could ultimately threaten their viability and create systemic risks. Therefore, the measure put forward in 2008 to restrict or ban short selling in some or all securities appears necessary. In the absence of a European legislative framework, this regulation led to the creation of different laws in the 27 Member States. However, we have to consider that in order to guarantee the functioning of the internal market, improving the conditions in which it operates and ensuring a high level of protection of investors and consumers, it is worthwhile establishing a common legislative framework of laws and relevant powers with regard to short selling and credit default swaps. In light of this, I voted in favour of the proposal for a regulation."@en1

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