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Proceeding contribution from Vincent Cable (Liberal Democrat) in the House of Commons on Tuesday, 28 November 2006. It occurred during Debate on bill and Committee of the Whole House (HC) on Investment Exchanges and Clearing Houses Bill.


Investment Exchanges and Clearing Houses Bill

The two exchanges in the United States have a different interpretation. They have given public assurances that there is no way in which the SEC and other regulations in the United States could be imported through their ownership. We will deal later with how that might happen and whether it is a plausible hypothesis. The Economic Secretary’s remarks are reassuring, but they reinforce my scepticism as to why the Bill is necessary in the first place.


Secondary information

Type
Proceeding contribution
Reference
453 c1007 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Accountability Bureaucracy Jurisdiction Investment Financial Services Authority Financial markets Ownership Powers Standards Regulation Stocks and shares Rules of procedure Takeovers USA Trade competitiveness London Stock Exchange Recognised clearing houses Recognised investment exchanges
Legislation
Investment Exchanges and Clearing Houses Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk