The EP discussed the proposal for a Regulation on OTC Derivatives, Central Counterparties and Trade Repositories (EMIR) and for a Regulation on Credit Default Swaps and Short Selling. It used the plenary session in both cases to get a majority vote on amended proposals, but postponed the full vote. On investor compensation schemes, the first reading procedure was closed. (Source: Press Release on EP votes on EMIR, short selling and investor compensation 5 July 2011)