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Indian regulator Sebi upgrading surveillance for commodity exchanges

Posted on 04 March 2016

The Securities and Exchange Board of India (Sebi) and the National Commodity & Derivatives Exchange (NCDEX) are taking measures to improve improve surveillance after issuing restraining orders against 16 entities for manipulating castor seed futures.
Now, the regulator will focus on tightening surveillance. It is also focusing on improving governance and risk management levels at commodity exchanges. NCDEX is also investigating whole episode forensically. The exchange has also beefed up surveillance to watch spot market developments……………………………………….Full Article: Source


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