Forward Markets Commission to Merge with Sebi by September: UK Sinha

Mumbai: Capital markets regulator Sebi on Tuesday said it expects the proposed merger of commodities regulator Forward Markets Commission with it to be completed by September-end. "We are evaluating the gaps which are there (in Sebi-FMC merger). We will be able to take over the responsibility by end of September," Sebi chairman U K Sinha told reporters after its board meeting. Announced by Finance Minister Arun Jaitley in Budget fo...