26.10.2012 - EU may toughen commodity swaps curbs in financial rules
Commodity derivative speculators may face tougher curbs under compromise plans to overhaul the European Unionís financial market rules. Governments may seek to restrict the number of commodity- derivative contracts that traders can enter into, according to a draft version of the rules prepared by Cyprus, which holds the rotating presidency of the EU. Such a requirement would go beyond a draft law published last year by Michel Barnier, the EUís financial services chief...............................................Full Article: Source
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