Tuesday, October 15, 2013

Forward Markets Commission brought under FinMin control

The commodity forward trading regulator Forward Markets Commission (FMC) will be
under the administrative control of the Finance Ministry. With this, all financial sector regulators
- Securities and Exchange Board of India, Reserve Bank of India, Insurance Regulatory and
Development Authority of India and Pension Fund Regulatory Development Authority besides FMC
- have been brought under one umbrella.

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