India's MCX strikes more alliances

27 Oct 2003

Multi Commodity Exchange of India (MCX) has formed alliances with two more commodity industry associations as it gears up for the launch of its futures markets.

Alliances have been struck with Solvent Extractors Association...

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“At our current funding level, the Commission is under serious strain. We lack the staff and resources necessary to both implement Dodd-Frank and continue to fulfil our pre-Dodd-Frank duties under the Commodity Exchange Act. Without additional funding, the strain will only become worse in July, when much of Dodd-Frank goes into effect.”

The CFTC's Michael Dunn pleads for Congressional support over the regulator's budget.