BETA

5 Amendments of Pervenche BERÈS related to 2010/2075(INI)

Amendment 11 #
Motion for a resolution
Recital B
B. whereas consumer protection, transparency in particular with regard to pricing mechanisms, and competition on a level playing field were the key objectives when MiFID came into force, and whereas, following the financial crisis, limiting systemic risk must be prioritised,
2010/09/28
Committee: ECON
Amendment 25 #
Motion for a resolution
Recital C
C. whereas the development of dark pools is counter to the objectives of MiFID, whereas market fragmentation has had an inevitable impact upon liquidity and market efficiency, and whereas the effect of an increased number of venues and increasingly technology-driven trading has significantly decreased average order execution size from EUR 22 266 in 2006 to EUR 9 923 in 2009,
2010/09/28
Committee: ECON
Amendment 130 #
Motion for a resolution
Paragraph 12
12. Calls on the Commission to establish a working group to overcome the barrdifficultiers to a European consolidated tape and establish a privately run system that does not place any further financial burdens on taxpayers to a Commission-defined deadlinpreventing the consolidation of market data in Europe and particularly the poor quality of data of OTC transactions and the barriers to a European consolidated tape;
2010/09/28
Committee: ECON
Amendment 169 #
Motion for a resolution
Paragraph 23
23. Calls for an investigation into fee structures to ensure that fees charged by investment firms, execution fees, ancillary fees and any other related incentives are transparent, non- discriminatory and consistent with reliable price formation and are designed and implemented so as not to encourage trading for improper purposes;
2010/09/28
Committee: ECON
Amendment 189 #
Motion for a resolution
Paragraph 30
30. Supports the Commission's intention to include derivative instruments, notably OTC instruments, within the scope of MiFID as the trading of such products transitions increasingly to formal trading venues and are subject to increasing standardisation and central clearing requirements;
2010/09/28
Committee: ECON