Swiss Bank Corporation (No. 2)
EDM number 412 in 1994-95, proposed by John Cummings on 18/01/1995.
That this House regards with concern the conduct of Swiss Bank Corporation and its innovative market making activities; believes that electricity share hedging and complex share option contracts entered into by Trafalgar House and Swiss Bank Corporation, which allow Trafalgar House to profit from movements in the share prices of RECs, create a false market; and calls for an immediate inquiry into contracts for differences share dealings and the tightening of legal loopholes which are being exploited by privileged individuals with no benefit to the consumer.
This motion has been signed by a total of 36 MPs.
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