Brussels, 08/03/2011 (Agence Europe) - MEPs want to ban the sale of sovereign credit default swaps that are used solely for speculation. Adopting a report on Monday 7 March by French Green Pascal Canfin, the European Parliament's economic and monetary affairs committee restricted the holding of sovereign CDS to bonds, gilts or securities whose value is closely correlated with sovereign bonds. Investors may hedge against Greece's default risk, for example, by buying CDS-type insurance based...