| Capital markets regulator Sebi plans to have a 13-point checklist to approve the listing and delisting of commodities from futures trading, two persons aware of the development told ET. The rules were slated to be discussed by Sebi with the commodity derivatives advisory committee (CDAC) sub-group on new products and participants on Monday.
Sebi will seek the feedback of CDAC before finalising the checklist. "The structured note will consider the objective and subjective parameters of the checklist before finalising it," said one of the persons. "The objective part will comprise issues of liquidity, production statistics, shelf life, etc. The subjective part will examine issues of political sensitivity of the commodity, whether it's widely dispersed, internationally traded, susceptibility to cartelisation, etc," he added...............................................Full Article: Source
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