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India: Sebi issues disclosure norm for commodity exchanges

Posted on 27 September 2016

Markets regulator Sebi today asked commodity exchanges to make quarterly disclosure about disablement of member terminals, along with duration of such activity, due to shortage of funds and margins.
Sebi had started regulating commodity markets after the merger of Forward Markets Commission (FMC) with the markets regulator in September last year. This circular is being issued to consolidate and update such norms prescribed for commodity bourses by erstwhile FMC. …………………………………….Full Article: Source


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