04.03.2011 - Ficci, Assocham push for empowering FMC
From Business-standard.com: The Federation of Indian Chambers of Commerce and Industry (Ficci) and Associated Chambers of Commerce and Industry of India (Assocham) have urged support for the pending Bill to empower the Forward Markets Commission (FMC). The Bill, to amend the Forward Contracts (Regulation) Act, is with a parliamentary panel for scrutiny. it aims to make the FMC an independently-functioning regulator for the commodities derivatives market, just as the Securities and Exchange Board of India (Sebi) is for the capital market...........................................Full Article: Source
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