Delay on the cards for Thai financials

17 Apr 2006

Thailand Futures Exchange (TFEX) may be forced to delay its 28 April launch date due to concerns that many of its 20 broker members are not yet ready.

A broker, who requested anonymity, told FO Week that the exchange has called for a meeting with its members to discuss their...

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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.”

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