| From Indiatimes.com: Capital markets regulator Securities and Exchange Board of India (Sebi) has put on hold its decision to approve the launch of futures and options on gold exchange traded funds (GETFs) by National Stock Exchange (NSE) in the face of objections raised by commodity futures market regulator Forward Markets Commission (FMC).
On Thursday, NSE issued a circular which said, “In view of the concerns raised by another regulator, the exchange, in consultation with Sebi, has deferred the launch till further notice.” When contacted, MS Sahoo, whole-time member, Sebi, said: “If somebody has raised an issue, it needs to be examined and we will take a call in course of time.”.......................................Full Article: Source
|