Australian Regulator to Conduct Inquiries Into Currency Market
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Australia’s securities regulator said it will conduct inquiries into the nation’s foreign exchange market amid international probes of alleged manipulation of benchmark currency rates.
“We are aware of the reports of international regulatory inquiries on potential misconduct in other jurisdictions in relation to the FX market,” the Australian Securities and Investments Commission said in an e-mailed statement today. “We will conduct our own inquiries in Australia.”