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Commodities Briefing - Categorized | Commodities Exchanges, Regulatory more

FMC may get more teeth soon

Posted on 12 January 2009

From Economic Times: Commodity market regulator Forward Markets Commission (FMC) is hoping that the Forward Contracts (Regulation) Amendment Bill 2006 that
expands the regulator’s audit and infrastructure capacities will be passed in the forthcoming session of Parliament to be held next month.

The need has become more relevant after the Satyam episode where the promoters inflated the balance sheet and the role of auditors is under the scanner….. Full Article: Source


 Article link

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VRS - who has written 36088 posts on Opalesque Commodities Briefing.


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