Fed Ruling Could Limit Banks From Physical Commodities

The Federal Reserve could issue guidelines this September that would limit limit the ability of banks to participate in businesses such as metals storage, power generation and oil shipping, The Wall Street Journal reported on September 10.

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    The media outlet indicated that government concerns over whether major banks such as Goldman Sachs and JPMorgan intentionally increased prices in certain markets.

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    For more on the potential ruling, read the full report here.