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Monday, September 28, 2015

Forward Markets Commission (FMC) Merges With Securities & Exchange Board of India (SEBI)

Finance Minister Arun Jaitley striking the gong on the historic event of merger of Forward Market Commission (FMC) with SEBI at a function held in Mumbai on Monday Sep 28,2015
Finance Minister Arun Jaitley striking the gong on the historic event of merger of Forward Market Commission (FMC) with SEBI at a function held in Mumbai on Monday. Photo: Paul Noronha 

With the Forward Markets Commission (FMC) formally getting merged with SEBI from Monday, Mr. Sinha said the first priority would be to develop trust in the commodities market and then the focus would be on developing the market.
The SEBI chief said that new participants like banks and FPIs (Foreign Portfolio Investors) as well as more products would be allowed.

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