| The Securities and Exchange Board of India has taken up the task of sprucing up commodity trading with great zeal ever since it took charge of exchange-based commodity trading last September. The task before the regulator is, however, far from easy.
Commodity exchanges have so far existed as a closed club with relatively lax regulations that provided room for price manipulations and other unfair practices. Investors and traders have been giving these exchanges a wide berth due to thin volumes and erratic price movements on the counters..............................................Full Article: Source
|