30.07.2010 - Commodities funds brace for regulatory ‘confusion’
From Investmentnews.com: New proposal would place funds under scrutiny of both SEC and CFTC; two agencies’ rules ‘can oppose each other’. Mutual fund companies may be largely unaffected by the financial services reform legislation, but they are girding for other types of regulation. Specifically, commodities funds that invest in futures may soon be more stringently monitored by not only the Securities and Exchange Commission but the U.S. Commodity Futures Trading Commission..............................................Full Article: Source
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