At present, the Forward Markets Commission (FMC) is the regulator for the commodities futures market in India. The FMC functions under the administrative control of the Union Ministry of Food and Consumer Affairs and the law governing forward and futures trading in commodities is the Forward Contracts Regulation Act 1952. The FMC was set up under the Forward Contracts (Regulation) Act of 1952. The Commission is responsible for regulating and promoting futures / forward trade in commodities. The Forward Markets Commission's Head Quarters is located at Mumbai and Regional Office at Kolkata.
Address:
Forward Markets Commission,
Ministry of Consumer Affairs,
Food and Public Distribution,
(Department of Consumer Affairs),
Government of India,
"Everest", 3rd floor, 100, Marine Drive, Mumbai - 02.
Telephone No: (022) 22811262 / 22811429
Fax No: (022) 22812086
E-mail: [email protected]
Web-site: - www.fmc.gov.in