Commodity sector lobbies against new regulation

摘要

Proposed rules and regulations for commodities markets could have “serious unintended consequences”, BP trading chief executive Paul Reed says. “Working together, we can make the right set of rules and regulations for commodity trade,” Reed told the FT Commodities Global Summit in Lausanne on 21 April. The industry needs “to lobby and advocate more swiftly, with a high degree of collaboration and a stronger sense of purpose”, Reed says, paraphrasing the motto of the Lausanne-based Olympic movement.