PETITION CSDR 909/2014
But now it's time to stand up against it and work together for fairness in the financial markets. We are convinced that together we can make the world a better place by advocating for more just regulations and transparency. Petition 0775/2022 has already been signed by over 12,000 supporters from around the world and calls for the enforcement of the Central Securities Depositories Regulation (CSDR) 909/2014 in the EU. This regulation aims to take measures against market manipulation and unfair practices in the financial markets. We demand a fair and transparent regulation of financial markets that protects investors and stabilizes the market. Join us in shaping a better future together.
With our petition, we demand the immediate implementation of the 2014 Central Securities Depositories Regulation, which includes a binding buy-in rule as a fundamental element of settlement discipline. The lack of effective settlement rules exposes markets and investors, especially small investors, to a highly asymmetrical and unfair risk and is a major risk factor for extreme disruptions in the stock markets. Our petition points out that delivery failures disrupt the balance of supply and demand, lead to massive price pressure, and destroy the value of corresponding investments. Naked short selling of stocks by market makers has been shown to pose an incalculable risk to the transparency and stability of stock markets. It is now up to the European Parliament, ESMA, ECB, and European Commission, to effectively protect our rights as small shareholders. We also call for an immediate halt to penalties for market participants who fail to deliver stocks, as well as margin calls and mandatory buy-ins. Transparent and fair markets based on the principle of supply and demand are the foundation of our economy.