Wednesday, August 5, 2015
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Don't enter commodities market for quick gains: Sebi to Investors
MUMBAI, Aug 2 (Agencies): Ready to regulate commodity trading, Sebi has cautioned small investors against coming for quick gains through speculation in this market, which is "risky" and requires a lot of technical expertise. "People will come and tell you that with a small margin, you can make a lot of money. Do not fall into the trap," Sebi Chairman U K Sinha said, even as he asserted that the capital markets watchdog was fully prepared to begin regulating commodities trading and all necessary safeguards would be put in place to keep the scamsters and manipulators at bay. Sebi, which expects the merger of commodities market regulator FMC with it to be completed by next month, will soon put in place a new set of regulations for this segment and the restrictions, including for trading lo...
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