MUMBAI, Sep 17: Sebi, India’s capital markets regulator, is considering allowing banks, insurance companies, and pension funds to invest in non-agriculture commodity derivative markets. The regulator is also considering allowing foreign portfolio investors to trade in non-cash settled, non-agricultural commodity derivative contracts.
By December-end, Sebi will include commodity-specific brokers in a common reporting mechanism for compliance reports. Strengthening India’s commodity markets is a high priority for the regulator. (PTI)
