France’s AMF Warns About Diamond Investments
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France’s AMF Warns About Diamond Investments
Last week, it was reported that India was set to become the first country in the world where polished diamonds can traded on a commodity exchange.
The Indian Commodity Exchange Ltd (ICEX), which has already received the in-principle approval from the regulatory body for the launch of diamond contracts, is reportedly in the final stages of launching contracts that will allow trading in the precious stones with a formal launch by the Securities and Exchange Board of India (SEBI) expected by March.
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