Fri, Sep 19, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Financial, Trading, Trends more

Fee for commodities traders puts Fed on unfamiliar turf

Posted on 04 November 2013

The possibility that the Federal Reserve will slap a surcharge on physical commodity trading by banks highlights some tricky new challenges for the US central bank as it tries to rein in Wall Street’s involvement in the raw materials supply chain.
Banking lawyers and finance experts say that implementing a proposal to require additional capital from banks, a possibility first raised by the Wall Street Journal in October, would put the Fed on uncertain ground in formulating a new policy for banks owning physical commodities………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37015 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930