Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-434-171"

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	"en"^^xsd:language2
lpv:document identification number	"en.20111115.27.2-434-171"2
lpv:hasSubsequent	lp_eu:2011-11-15-Speech-2-434-1792
lpv:speaker	lp:Derek Vaughan2
lpv:spoken text	"I supported today's report to curb short selling and trading in credit default swaps. The regulation is key to tackling the financial crisis dominating Europe at the moment, and I welcome the move to ban ‘naked’ credit default swaps. Speculators should not be able to gamble with debt issued by governments; short selling and CDS trading fuel volatility in the markets which is something Europe cannot risk. I also welcome the move to improve reporting requirements. National and European supervisors will now be alerted to potential risks at an earlier stage and will therefore be able to carry out their work more effectively. I am pleased that ESMA, the EU’s financial watchdog, will also be involved in restricting short selling and hope that new powers for ESMA will allow better financial coordination across Member States. I am disappointed that UK Conservative MEPs could not support this report, showing once again their support for the elite of the City of London."@en1
lpv:spokenAs	member; S&D (2009-07-14--2014-06-30)3 substitute; CONT (2009-07-16--2012-01-18)3 member; BUDG (2009-12-14--2012-01-18)3 substitute; Delegation for relations with Japan (2009-09-16--2014-06-30)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2012-04-16)3 unknown; Labour Party (2009-07-14--2014-06-30)3 substitute; REGI (2010-09-20--2012-01-18)3
lpv:unclassifiedMetadata	"Derek Vaughan (S&D ),"1 "in writing."1

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The resource appears as object in 2 triples

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