News From Press Sebi to regulate gold exchange

Sebi to regulate gold exchange

Source: Business Standard Feb 23, 2016

The finance ministry has decided that the proposed gold exchange will be regulated by the Securities and Exchange Board of India (Sebi). In a meeting of all stakeholders in New Delhi on Monday, tardy progress of gold monetisation scheme was also discussed.

While a proposal to set up National Bullion Board — an umbrella body for gold policies — has been delayed, a separate meeting would be held soon on better implementation of gold monetisation scheme.

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