NEWS
Cargill Wants Market Transparency
Tue Apr 16, 2013 09:10 AM CDT

(Dow Jones) -- The head of one of the world's largest commodity trading firms has called on his industry to commit to "a sense of shared responsibility" to avoid the enforced regulation such as that experienced by the banking industry.

Gregory Page, chief executive of Cargill, said that commodity trading was experiencing a perception problem in the eyes of the public, many of whom think of trading as inherently bad and associate the word with speculation, hoarding and volatility.

Speaking at the Global Commodities Summit in Lausanne, Switzerland, Page stopped short of calling for regulation, saying: "Better than self-regulation, is ...

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