This follows the exchange’s latest talks which saw it hold “discussions with regulators in many jurisdictions,” the bourse’s ceo Garry Jones said in a press briefing last week.
The LME’s rent-capping proposal “has significant support from certain quarters, including regulators in the US”, the exchange said in a discussion paper on its latest round of warehouse reforms.
“It is possible that some form of requirement for a queue-based rent cap may be written into...
