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Commodities Briefing - Categorized | Commodities Exchanges, Futures and Options, Regulatory more

Guidelines on conflict of interest in comexes by Oct-end

Posted on 01 October 2008

From Business Standard: Anil Ambani-led Reliance and Kotak groups may soon get the regulatory clearance for their proposed commodity exchanges with Forward Markets Commission looking to finalise new guidelines for preventing conflict of interest in ownership of bourses by October-end.

The regulator has been working on preventing any possible conflict of interest in the event of a promoter of a commodity exchange may have between their roles of running the exchange and other businesses such as broking and trading…… Full Article: Source


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