European Union — Regulation of Short Selling and Certain Aspects of Credit Default Swaps — 27 Apr 2011 at 21:13

David Laws MP, Yeovil voted to agree proposals for European Union regulation of short selling and equivalent financial practices should not impact market efficiency and liquidity, in particular in relation to sovereign debt.

The majority of MPs voted to agree proposals for European Union regulation of short selling and equivalent practices based on the use of credit default swaps (CDSs) should not impact market efficiency and liquidity, in particular in relation to sovereign debt. In other words the majority of MPs, though their vote, said something positive about the proposals.

The proposed regulations included greater transparency and disclosure requirements, powers for regulators to restrict short selling and CDS transactions in exceptional circumstances, and regulations aimed at tackling market manipulation.

The motion approved by the majority of MPs was:

  • That this House
  • takes note of European Union Document No. 13840/10 and Addenda 1 and 2, relating to the draft Regulation on Short Selling and certain aspects of Credit Default Swaps, and No. 7379/11, relating to the corresponding Opinion of the European Central Bank; and
  • supports the Government’s position that proposals should not impact market efficiency and liquidity, in particular in relation to sovereign debt.

Debate in Parliament | Source |

Party Summary

Votes by party, red entries are votes against the majority for that party.

What is Tell? '+1 tell' means that in addition one member of that party was a teller for that division lobby.

What are Boths? An MP can vote both aye and no in the same division. The boths page explains this.

What is Turnout? This is measured against the total membership of the party at the time of the vote.

PartyMajority (Aye)Minority (No)BothTurnout
Con239 5079.7%
DUP0 5062.5%
Green0 10100.0%
Ind1 00100.0%
Lab4 403.1%
LDem43 0075.4%
PC0 2066.7%
SNP0 2033.3%
Total:287 19047.9%

Rebel Voters - sorted by party

MPs for which their vote in this division differed from the majority vote of their party. You can see all votes in this division, or every eligible MP who could have voted in this division

Sort by: Name | Constituency | Party | Vote

NameConstituencyPartyVote
Steven BakerWycombeConno
Peter BoneWellingboroughConno
Douglas CarswellClactonConno
Philip HolloboneKetteringConno
David NuttallBury NorthConno

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