* Ovidiu Marian: "The deputies were too lazy"
* Unhappy investors suspect market manipulation
Yesterday, deputies failed once again to vote on the raising of the holding limit in the SIFs from 1% to 5%, as some of them had anticipated starting with Monday.
The new was followed by drastic price drops for the five SIFs, and on the internet, some investors expressed their discontent, raising suspicions of market manipulation through the talks around the draft bill.
One reader commented on the website of BURSA: "Deputies, why do you mock this people? Did you really not have the time to vote on this draft bill or was it supposed to be postponed to see the prices drop so you can buy more stock in those companies at lower prices?! Do we still need to explain to everybody is waiting for the raising of the holding limit?! Just do a simple check: each time the raising of the holding limit was put up for debate, the stocks of the SIFs shot up. Do we need further proof?"
After waiting for almost two years to be brought up for debate, the draft was approved on November 7th, and received the approval of the Budget and Finance Commission of the Chamber of Deputies, which caused the stocks of the SIFs to rise. Expectations concerning the vote have caused the prices to shoot up last week as well, just like they did after the announcement of senator Ovidiu Marian, the initiator of the law, who was saying that the draft would certainly be discussed in the plenum yesterday. However, on Monday, some deputies said that most likely, the talks would be postponed, meaning that the actions of the SIF ended the day down, even though they had been rising in the beginning of the session.
Mr. Marian said, yesterday, that the debates have been postponed until next week. "The items included on the agenda were not discussed. The deputies were too lazy", he
