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Short Selling

EDM number 780 in 2008-09, proposed by Katy Clark on 11/02/2009.
Categorised under the topic of Financial services.

That this House expresses major reservations at the recent decision by the Financial Services Authority to lift its ban on short selling; notes that the lifting of the ban coincided with a dramatic fall in the share prices of several major banks, including RBS, Lloyds and Barclays; expresses concern that Lansdowne Partners was able to make a profit of £12 million on the short selling of shares in Barclays, the share price of which fell by over 50 per cent. in the week immediately following the end of the ban; further notes that other countries such as Australia and Italy have maintained their ban on the practice; and urges the Financial Services Authority to reverse its decision and reinstate the ban for the sake of financial stability in the United Kingdom.

This motion has been signed by a total of 41 MPs, 1 of these signatures have been withdrawn.

MPDateConstituencyPartyType
Katy Clark11/02/2009North Ayrshire and ArranLabourProposed
Michael Connarty11/02/2009Linlithgow and East FalkirkLabourSeconded
John McDonnell11/02/2009Hayes and HarlingtonLabourSeconded
Linda Riordan11/02/2009HalifaxLabourSeconded
Austin Mitchell11/02/2009Great GrimsbyLabourSeconded
Alan Simpson11/02/2009Nottingham SouthLabourSeconded
Bob Spink11/02/2009Castle PointIndependentSigned
Lindsay Hoyle12/02/2009ChorleyLabourSigned
John Leech12/02/2009Manchester, WithingtonLiberal DemocratSigned
Desmond Turner12/02/2009Brighton, KemptownLabourSigned
David Taylor12/02/2009North West LeicestershireLabourSigned
Alan Meale12/02/2009MansfieldLabourSigned
Chris McCafferty12/02/2009Calder ValleyLabourSigned
Kelvin Hopkins12/02/2009Luton NorthLabourSigned
Gordon Prentice12/02/2009PendleLabourSigned
Peter Bottomley23/02/2009Worthing WestConservativeSigned
Robert Wareing23/02/2009Liverpool, West DerbyIndependentSigned
Rudi Vis23/02/2009Finchley and Golders GreenLabourSigned
Mike Hancock23/02/2009Portsmouth SouthLiberal DemocratSigned
David Drew23/02/2009StroudLabourSigned
Andrew Dismore23/02/2009HendonLabourSigned
Ann Cryer23/02/2009KeighleyLabourSigned
Neil Gerrard23/02/2009WalthamstowLabourSigned
Edward O'Hara24/02/2009Knowsley SouthLabourSigned
Martin Caton24/02/2009GowerLabourSigned
Harry Cohen24/02/2009Leyton and WansteadLabourSigned
Jim Dobbin24/02/2009Heywood and MiddletonLabourSigned
Mark Durkan24/02/2009FoyleSocial Democratic and Labour PartySigned
Mark Hunter24/02/2009CheadleLiberal DemocratSigned
Roger Godsiff25/02/2009Birmingham, Sparkbrook and Small HeathLabourSigned
Colin Burgon25/02/2009ElmetLabourSigned
John Pugh26/02/2009SouthportLiberal DemocratSigned
Paul Flynn26/02/2009Newport WestLabourSigned
Janet Dean27/02/2009BurtonLabourSigned
Kate Hoey02/03/2009VauxhallLabourSigned
David Anderson02/03/2009BlaydonLabourSigned
John Mason02/03/2009Glasgow EastScottish National PartySigned
Bill Etherington04/03/2009Sunderland NorthLabourSigned
Brian Jenkins05/03/2009TamworthLabourSigned
Eric Illsley10/03/2009Barnsley CentralLabourSigned
Ian GibsonUnknownWithdrawn

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