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Dubai Gold and Commodities Exchange (DGCX) has appointment of Sempra Metals, a London-based trading and broking company, as a broker member of the exchange.
DGCXs...
“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.