Marriage of Regulators: FMC to merge with Sebi tomorrow
Ready to regulate commodity trading, Sinha has cautioned small investors against coming for quick gains through speculation in this market, saying this is "risky" and requires a lot of technical expertise.
"People will come and tell you that with a small margin, you can make a lot of money. Do not fall into the trap," the Sebi Chairman had said, even as he asserted that the capital markets watchdog was fully prepared to begin regulating commodities trading and all necessary safeguards would be put in place to keep the scamsters and manipulators at bay.
Sinha said his message to the small investors would be to keep away from the commodities market as it was meant for the experts and for those seeking to hedge their risks.
"If you put your hard-earned money into this market, it may not be ultimately good for you. The commodities market is for those who are experts in this space. For non-experts, it is a risky area," the Sebi chief had told PTI in an interview.
Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst
Ready to regulate commodity trading, Sinha has cautioned small investors against coming for quick gains through speculation in this market, saying this is "risky" and requires a lot of technical expertise.
"People will come and tell you that with a small margin, you can make a lot of money. Do not fall into the trap," the Sebi Chairman had said, even as he asserted that the capital markets watchdog was fully prepared to begin regulating commodities trading and all necessary safeguards would be put in place to keep the scamsters and manipulators at bay.
Sinha said his message to the small investors would be to keep away from the commodities market as it was meant for the experts and for those seeking to hedge their risks.
"If you put your hard-earned money into this market, it may not be ultimately good for you. The commodities market is for those who are experts in this space. For non-experts, it is a risky area," the Sebi chief had told PTI in an interview.
Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst