12.01.2009 - FMC may get more teeth soon
From Economic Times: Commodity market regulator Forward Markets Commission (FMC) is hoping that the Forward Contracts (Regulation) Amendment Bill 2006 that expands the regulator’s audit and infrastructure capacities will be passed in the forthcoming session of Parliament to be held next month. The need has become more relevant after the Satyam episode where the promoters inflated the balance sheet and the role of auditors is under the scanner..... Full Article: Source