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Short Selling and Bank Accounts Bill

Private Members' Bill (Presentation Bill)

Originated in the House of Commons, Session 2008-09

Last updated: 18 November 2009 at 15:07

See full passage

Long title

A Bill to prohibit short selling; to require disclosure by pension funds and their trustees of records of loans of their shares for the purpose of short selling, and of the fees received in such cases; to require banks and building societies to offer their retail customers current and savings accounts free of any charge for holding the accounts when such accounts are in credit; and for connected purposes.

Summary

This Bill would prohibit short selling of shares and require disclosure of loans of shares for such purposes by pension funds and their trustees. It would also force banks to offer free current and savings accounts to all retail customers when they were in credit.

Sponsor

Mr Frank Field
Labour
Birkenhead

Current version of the Bill

Bill passage

Bill started in the House of Commons
1st reading
Committee stage
Report stage
3rd reading
Bill in the House of Lords
1st reading
2nd reading
Committee stage
Report stage
3rd reading
Final stages
Consideration of amendments
Royal Assent
Key
Complete
In progress
Not applicable
Not yet reached