The Sydney Morning Herald reports that Australian government "may be forced to beef up forex regulations." This follows reports that the UK's Chancellor Osborne is also targeting forex manipulation. That is no surprise. What remains to be seen is exactly how regulators can "beef up" the forex market to prevent the types of manipulative practices reported in the media. And while they're at it, don't forget about ISDAfix, LIBOR, gold, and other metals trading too.
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