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India: Merger of FMC with Sebi restored confidence on regulatory oversight of commodities

Posted on 26 May 2016

The merger of erstwhile commodities regulator Forward Markets Commission (FMC) with the Securities and Exchange Board of India ( Sebi) was a landmark change in the regulatory sphere over the past two years, which also marked a beginning in the direction of forming a unified financial regulator.
Regulators in India’s capital markets have been the direct outcome of scams, which were the result of loopholes and the lack of an authority to enforce rules………………………………………..Full Article: Source


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