Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-04-15-Speech-2-391-937"

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"en.20140415.63.2-391-937"2
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"I voted in favour of this directive on undertakings of collective investment in transferable securities, more commonly known as private equity funds and hedge funds. It sets out a number of principles and duties of those who invest in these funds. Following the economic crash, it was important to make sure there are robust rules to rebuild investor trust in financial markets and to stamp out the gambler mentality rife in this sector. We in Wales have suffered the brunt of this behaviour and so this directive should help ensure that it cannot happen again."@en1
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