More power to meet FMC check in Commodity Market

FMC market regulator SEBI to examine and seize the powers of government may consider. Commodity regulator FMC Forward Contract Regulation Act (FCRA) to changes in the new report is submitted to the Ministry of Finance.

FMC Finance Ministry has proposed major changes in the FCRA. FMC SEBI has invited officials of the investigation and seizure. FMC has said that the right to impose a penalty. Regulation of spot trading FMC has suggested its exclusion. FMC only be under regulation of futures trading. FMC has suggested bringing new option trading product.