FMC

CVC seeks strong anti-corruption mechanisms for regulators

Anti-corruption watchdog CVC has sought tough measures to check corruption in various regulatory bodies including SEBI and FMC besides appointment of full-time chief vigilance officers (CVOs) in some of these regulators.

Par panel pulls up FMC for not using allocated funds fully

A Parliamentary panel has pulled
up the commodity market regulator FMC for its failure to fully
utilise the funds allocated for regulating the market.

FMC wants brokers to closely watch `inactive` trading accounts

The Commodity market regulator
FMC has asked brokers to keep a close watch on "inactive
trading accounts" to avoid possible misuse and warned that
failure to do so would attract penalty.

Commexes free to lower transaction fees without FMC nod

Commodity market regulator FMC
has said that exchanges are free to fix the transaction fees,
provided these do not breach the prescribed minimum of Re 1
and maximum of Rs 4 for a business of Rs 1,00,000.