Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-264-937"

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	"en"^^xsd:language2
lpv:document identification number	"en.20121026.23.5-264-937"2
lpv:hasSubsequent	lp_eu:2012-10-26-Speech-5-264-9682
lpv:speaker	lp:Dame Glenis Willmott2
lpv:spoken text	". The 2007 Directive regulated the provision of most tradable financial products by banks and investment firms; this new legislation aims to strengthen this by increasing market transparency, in particular regarding derivative trading and commodity speculation, which were not previously covered. The legislation will also introduce new safeguards on high-frequency trading and Labour MEPs supported an amendment to prevent traders pushing food prices up through excessive commodity speculation. In addition, my colleague, Labour MEP Arlene McCarthy, put forward an amendment for an EU-wide ban on advisors receiving commission for recommending a particular financial product. This would provide much-needed protection for consumers from financial advice that is biased in favour of those who pay the highest commission, rather than what is really in the customer’s best interests."@en1
lpv:spokenAs	unknown; Labour Party (2009-07-14--2014-06-30)3 member; ENVI (2012-01-19--2014-06-30)3 substitute; LIBE (2012-01-19--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 member; Delegation to the EU-Croatia Joint Parliamentary Committee (2009-09-16--2013-06-30)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3
lpv:unclassifiedMetadata	"Glenis Willmott (S&D ),"1 "in writing"1

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