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of <h1>Forward Markets Commission advises on recognition of associations under Forward Contracts (Regulation) Act, 1952, enhancing market oversight.</h1> The Forward Markets Commission under the Forward Contracts (Regulation) Act, 1952, is tasked with advising the Central Government on recognizing or withdrawing recognition from associations and other related matters. It monitors forward markets, collects and publishes trading information, and submits reports to the government. The Commission also recommends improvements for forward markets, inspects accounts of recognized associations, and performs additional duties as prescribed. In 1960, several regulatory functions of the Central Government were delegated to the Commission, enhancing its oversight and regulatory capabilities.
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