Court of Justice 19 March 1996, C-101/94 (Commission of the European Communities v Italian Republic.)

OPINION OF ADVOCATE GENERAL LENZ delivered on 19 March 1996 ( *1 ) A — Introduction 1. This action is brought by the Commission against the Italian Republic for failure to fulfil its obligations under the Treaty, on the ground of the enactment of Law No 1 of 2 January 1991 regulating the exercise of the activity of dealing in securities and the organization of the securities market (hereinafter