BETA

5 Amendments of Jürgen KLUTE related to 2010/2100(INI)

Amendment 104 #
Motion for a resolution
Paragraph 13
13. Urges the Commission and the Member States to take concrete action at EU and international level to effectively tackle financial speculation on grain and foodagricultural commodities, in particular grain and food, and to permit only as many commodities futures as are necessary for price hedging;
2011/06/23
Committee: DEVE
Amendment 107 #
Motion for a resolution
Paragraph 13 – subparagraph 1 (new)
13(1) Calls on the Commission and the Member States to commit themselves at EU and international level to setting up medium-term price corridors which will make forward contracts for price hedging unnecessary;
2011/06/23
Committee: DEVE
Amendment 111 #
Motion for a resolution
Paragraph 14 – subparagraph 1 (new)
14(1) Calls on the EU to commit itself to regulation of the agricultural markets and the relevant financial markets by means of: – standardising derivative contracts, – introducing position limits for individual traders and limiting the overall number of contracts for each raw material (aggregate position limits) and limits for the physical acquisition and possession of agricultural commodities by non-state firms or private individuals; – setting up monitoring bodies and disclosure obligations, including real-time reporting obligations; – introducing a minor tax on commodities futures in order to make speculating on serious price fluctuations unattractive and guarantee the balanced development of raw materials markets;
2011/06/23
Committee: DEVE
Amendment 112 #
Motion for a resolution
Paragraph 14 – subparagraph 2 (new)
14(2) Calls on the Commission and the Member States to ban OTC trade in agricultural commodity derivatives and set up a European supervisory body for commodity futures specialising in agricultural commodities similar to that in the USA, giving it the power to take action against market abuse and extreme market situations; securities forming the basis of agricultural commodity derivatives should also be raised;
2011/06/23
Committee: DEVE
Amendment 113 #
Motion for a resolution
Paragraph 14 – subparagraph 3 (new)
14(3) Calls on the Commission and the Member States to introduce a traders register with compulsory registration for all players dealing in agricultural commodity derivatives; registration should only be possible for players involved in production, processing and distribution, whilst index funds should not be entered in the register;
2011/06/23
Committee: DEVE