06.01.2009 - China considers allowing fund management cos to invest in futures
From Forbes: The China Securities Regulatory Commission is soliciting comment on draft rules allowing more institutional investors, particularly fund management companies, to invest in Chinese futures markets, the official China Securities Journal reported, citing a regulatory source. The newspaper said the mechanism for expanding institutions' investment destinations is the so-called Commodity Trading Advisor (CTA) scheme, under which a firm receives compensation for giving advice on options, futures and the actual trading of managed futures accounts..... Full Article: Source