FMC News

Merger of Sebi and FMC: What it means for market, players

The Forward Contracts Regulation Act (FCRA) stands repealed, and the regulation of the commodity derivatives market shifts to Sebi under the Securities Contracts Regulation Act (SCRA), 1956.

Merger of regulators: From Monday, FMC under Sebi umbrella

The Bombay HC will hear a petition filed by a group of employees of the commodites regulator opposing the merger on Monday as they have been left out of the merged entity.


‘There should be more competition in the commodities market’

After cleaning up the Augean stables of the country’s commodity markets, the Forward Markets Commission (FMC) is at the cross-roads.

Bombay HC refuses stay on FMC order against FTIL

The court’s refusal to grant an interim stay also means the government can proceed with its proposal to merge NSEL with FTIL.

Govt looking at merging FMC with Sebi

The government is considering a proposal to merge the Forward Markets Commission...

China fund defaults expose foreign partners to shadow banking risk

Analysts warn that they may not enjoy the implicit state guarantee extended to other parts of the sector.


Regulating intermediaries: FinMin drafts norms to empower FMC

Proposals are a part of draft guidelines on Forward Contracts issued by the finance ministry for consultation with stakeholders.

Sebi, FMC merger likely in first move on FSLRC report

The finance ministry has begun the process on a roadmap for implementing the FSLRC suggestions.

FMC revises norms for hiring MDs, expands independent directors’ role

The exchanges should ensure that one independent director will be part of the selection committee and the meetings of such committee at all times, it said.

‘FCRA amendment vital for commodity markets’

Forward Markets Commission chairman RAMESH ABHISHEK, will complete his three-year tenure this month. Abhishek spoke to GEORGE MATHEW on a host of issues relating to the market and NSEL. Excerpts.