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Forward Markets Commission (India) : ウィキペディア英語版
Forward Markets Commission (India)

The Forward Markets Commission (FMC) is the chief regulator of commodity futures markets in India. As of July 2014, it regulated Rs 17 trillion〔(【引用サイトリンク】title=Highlights/ Important Developments for the fortnight from 1.7.2014 to 15.7.2014 )〕 worth of commodity trades in India. It is headquartered in Mumbai and this financial regulatory agency is overseen by the Ministry of Finance. The Commission allows commodity trading in 22 exchanges in India, of which 6 are national.
On 28 September 2015 the FMC was merged with the Securities and Exchange Board of India (SEBI).〔(【引用サイトリンク】url=http://www.sebi.gov.in/sebiweb/home/detail/32029/yes/PR-Finance-Minister-unveils-merger-of-FMC-with-SEBI )
==History==
Established in 1953 under the provisions of the Forward Contracts (Regulation) Act, 1952, it consists of not less than two but not exceeding four members appointed by the Central Government, out of them one being nominated by the Central Government to be the Chairman of the Commission.
Since futures traded in India are traditionally on food commodities, the agency was originally overseen by Ministry of Consumer Affairs, Food and Public Distribution (India).
The commission appeared in the news in March 2012 for their ban on guar gum futures trading after it said the price quadrupled due to its use in fracking causing food inflation.
In September 2013, the commission responsibility was moved to the Ministry of Finance to reflect that futures trading was becoming more and more a financial activity.〔(【引用サイトリンク】title=Finance Ministry to oversee Forward Markets Commission )

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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