| The U.S. Federal Reserve has been quietly quashing some Wall Street requests to delve more deeply into physical commodity markets since 2010, according to a new Senate report that includes previously unreported details of the Fed's oversight of the area.
While critical of the "uncoordinated, incoherent patchwork" of rules limiting banks' activities in physical raw materials trading, the report by the Permanent Subcommittee on Investigations also showed for the first time that the Fed had actually begun denying some requests to engage in the market....................................Full Article: Source
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