Beginning in 2016, the WNFM Board of Governors began researching and investigating issues relative to price reporting and price manipulation as a result of frustrations and lack of transparency within the industry. Using the International Organization of Securities Commissions (IOSCO) Principles as a guide, the WNFM Board surveyed participating WNFM organizations and established a WNFM Working Group to draft a Uranium Price Reporting Code of Conduct Principles for Submitters.
In November 2020, the WNFM Board of Governors endorsed the adoption of this Uranium Price Reporting Code of Conduct, based on the IOSCO Principals. This aims to uphold a mission of compliance within nuclear markets and encourages participating WNFM member organizations to do the same.
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