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India: Govt for FMC to regulate electronic commodity spot exchanges

Posted on 26 June 2012

The government is planning to bring electronic commodity spot exchanges under Forward Markets Commission(FMC) regulations, Food Minister K V Thomas said.
“The Department of Consumer Affairs Ministry wants FMC to regulate spot exchanges. We have received the draft regulation and hope it will be cleared soon,” the Minister said………………………………………..Full Article: Source


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