Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-255-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-10-26"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"fr"^^xsd:language2
lpv:document identification number	"en.20121026.23.5-255-000"2
lpv:hasSubsequent	lp_eu:2012-10-26-Speech-5-255-0622
lpv:speaker	lp:Jean-Luc Mélenchon2
lpv:spokenAs	member; AFET (2012-01-19--2014-06-30)3 unknown; Front de gauche pour changer d’Europe (2009-07-14--2014-06-30)3 substitute; CULT (2012-01-19--2014-06-30)3 substitute; Delegation for relations with the Maghreb countries and the Arab Maghreb Union (2009-09-16--2014-06-30)3 member; Delegation for relations with the Mercosur countries (2009-09-16--2014-06-30)3 member; EUL/NGL (2009-07-14--2014-06-30)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3
lpv:translated text	". This report and the proposal for a new directive on markets in financial instruments that it amends are nothing but an attempt to compensate to some extent for the terrible consequences of opening up the stock exchanges to competition. I welcome the requirement for more transparency and measures to avoid conflicts of interest proposed by the report. However, as far as the rest is concerned, the report is clearly not up to the task. It maintains the European passports for all trading platforms and even proposes giving them to third-country firms. It does not prohibit parallel forms of trading but chooses to integrate them in the scope of the directive as ‘organised trading systems’. It does not prohibit high-frequency trading. It does not prohibit commodity speculation. It maintains exemptions from the transparency requirement for platforms. One cannot harness the financial markets through half-measures and exemptions and by opening them up even further to competition."@en1

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