Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-263-000"
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"en.20121026.23.5-263-000"2
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".
This report and the draft regulation that it amends once again fall short of what the situation requires. I welcome the desire to impose greater transparency and to give the competent national authorities powers to prohibit permanently certain financial products and certain financial activities or practices. Why would the European Securities and Markets Authority have a say in this, however?
As for the rest, it aims only to alleviate the consequences of the liberalisation measures put in place in 2007. Why integrate alternative trading platforms in the scope of this regulation instead of prohibiting them? Why not prohibit derivatives and short selling? We cannot combat speculation just by supervising it a little more closely. We need to put an end to the free competition between trading platforms."@en1
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