Iosco turns spotlight on commodities

A meeting of the technical committee of the International Organisation of Securities Commissions (Iosco) in Madrid last month raised the possibility that commodities regulators were unable to cope with the rapidly evolving commodities market. The new Task Force on Commodity Markets will be led by the CFTC and the FSA, and will include other regulators from developed and emerging markets, Iosco said.

Recent record commodity prices had "underscored" the need for competent oversight of the

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