Proceeding contribution from Stewart Hosie (Scottish National Party) 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
I am following the hon. Gentleman’s argument as closely as I can. He seems to be suggesting that when an exchange is taken over alien extra-territorial regulation is a significant issue, but would it not almost inevitably lead to the creation of alternative structures? AIM—alternative investment market—and subsequently Ofex were created because of the cost of a full London stock exchange listing. Would this not offer an opportunity for the creation of another exchange somewhere down the line that avoided extra-territorial regulation?
Secondary information
- Type
- Proceeding contribution
- Reference
- 453 c1008
- 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
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- Timestamp
- 2023-12-15 11:15:08 +0000
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