Financial Daily from THE HINDU group of publications
Friday, Apr 30, 2004
Financial Daily from THE HINDU group of publications Friday, Apr 30, 2004 |
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Agri-Biz & Commodities
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Commodity Exchanges SEBI pact with US commodity futures trading body Our Bureau
Mumbai , April 29 SECURITIES and Exchange Board of India (SEBI) has signed a Memorandum of Understanding with the US Commodity Futures Trading Commission (CFTC). The MoU was signed by Mr G.N. Bajpai, Chairman, SEBI and Mr James E. Newsome, Chairman, CFTC at Washington on Wednesday. The MoU aims to strengthen communication channels and establish a framework for assistance and mutual cooperation between the two organisations, stated a SEBI press release. The two authorities intend to consult periodically about matters of mutual interest in order to promote cooperation and market integrity and to further the protection of futures and options market participants, according to the press release.
More Stories on : Commodity Exchanges | Regulatory Bodies & Rulings
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