<h1>Finance Minister Formalizes FMC-SEBI Merger to Boost Regulatory Efficiency in Commodities and Equity Derivatives Markets.</h1> The merger of the Forward Markets Commission (FMC) with the Securities and Exchange Board of India (SEBI) was formalized by the Finance Minister, aiming to unify regulations in commodities and equity derivatives markets. This strategic move is expected to enhance regulatory efficiency and curb manipulative activities, fostering market confidence and integrity. The merger, part of broader financial sector reforms, aligns with the economic purposes of hedging, price discovery, and risk management. SEBI, now responsible for commodity derivatives, has established a Commodity Cell and new departments to manage this additional responsibility, reflecting its maturity over the past two decades.