✓ Passed into LawLords
UK Parliament · Bill
Investment Exchanges and Clearing Houses Act 2006
Summary
This Act sets out the rules and requirements that investment exchanges and clearing houses in the UK must follow to operate legally. It ensures these organisations are properly regulated, financially sound, and transparent so that people's investments are protected and the financial system works fairly and safely.
A vote to support means
- —Supporting this Act means backing rules that make stock exchanges and clearing houses (the organisations that handle buying and selling shares) safer and more trustworthy. It protects people's money and investments by making sure these organisations follow strict safety standards and are properly supervised.
A vote to oppose means
- —Critics might worry that tough regulations could make it more expensive for businesses to operate exchanges and clearing houses, which could mean higher costs for ordinary people investing money. Some might also feel the rules give too much power to government regulators to control financial markets.
Cast Your Vote
People's Vote0 votes
0% Support · 00% Oppose · 0
Bill Passage
Commons
- 1st reading16 Nov 2006
- 2nd reading28 Nov 2006
- Committee stage28 Nov 2006
- 3rd reading28 Nov 2006
Lords
- 1st reading29 Nov 2006
- 2nd reading11 Dec 2006
- Committee stage18 Dec 2006
- 3rd reading19 Dec 2006
Royal Assent19 Dec 2006
Full Bill Description(click to expand)
No description available