EU battle ahead over CDS ban proposal / EU considers ‘uncovered’ CDS compromise deal

Article discusses the conflicting views about the impact of short selling and credit default swaps (CDS) as the European Commission proposal (COM (2010)482) to regulate these features passes through the EU policy making system.

ESO: Background information: New framework to increase transparency and ensure coordination for short selling and Credit Default Swaps http://www.europeansources.info/record/press-release-new-framework-to-increase-transparency-and-ensure-coordination-for-short-selling-and-credit-default-swaps/

Wikipedia: Credit default swap http://en.wikipedia.org/wiki/Credit_default_swap

European Commission: DG Internal Market and Services: Securities: Short selling http://ec.europa.eu/internal_market/securities/short_selling_en.htm

European Parliament: Legislative Observatory: Financial markets: short selling and certain aspects of credit default swaps http://www.europarl.europa.eu/oeil/popups/ficheprocedure.do?id=587269

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