IOSCO To Expand Commodity Trading Rules

The International Organization of Securities Commissions is planning to extend its existing work on improving transparency in oil markets to cover all commodities.

The International Organization of Securities Commissions (IOSCO) is planning to extend its existing work on improving transparency in oil markets to cover all commodities, Bloomberg reports. International securities regulators will seek to tighten regulation for agricultural and other commodities markets. The expanded focus is may lead to proposals to boost market transparency, oversight and anti market-abuse treatment for these commodities markets. IOSCO has released a list of draft actions it will finalize for a meeting of finance ministers from the G20 to endorse in October for global implementation, adds Reuters.

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