CFTC to co-chair global commodities panel

10/2/2008 | Grainnet

The Commodity Futures Trading Commission announced Wednesday it will join the United Kingdom Financial Services Authority in chairing a new Task Force on Commodity Markets. The task force, created by the International Organization of Securities Commissions, will study the oversight of global commodities markets. "Given the global nature of the commodity markets, it is important to share views with our international counterparts and to coordinate supervisory approaches," said Walt Lukken, acting CFTC chairman.

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