Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-202-000"
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"en.20110705.34.2-202-000"2
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"Mr President, one of my major concerns about a number of these different compensation schemes is that it almost appears as if we want to regulate away risk. Investors should be practising due diligence so they understand what they are investing in. What worries me about overly prescriptive compensation schemes is that investors will not do their due diligence and will just invest willy-nilly without worrying about the consequences, because they know they will be compensated.
We have to make sure that investors are informed about the risks that they take. You just cannot eliminate risk altogether, you cannot regulate it away. Investors also have different profiles. Some want no risk: let them be aware of the less risky investments. But those who want to, say, have an adventurous growth model and are prepared to invest money that they may lose should also be allowed to do so. If we try and regulate away risk altogether we will end up affecting the whole investment sector in the EU."@en1
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