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UK FSA does not act on commods but says exchanges do

Posted on 22 March 2011

The European Commission has published its plans for sweeping reforms of the bloc’s markets in financial instruments directive, including plans to introduce U.S.-style trade caps in 2012 or 2013.
The FSA has previously told Reuters that it is not its job to control prices and has defended its stance that position management, not hard position limits, is a sufficient tool to control markets……………………………………….Full Article: Source


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