Markets Will Decide On Libor Replacement, Says Gensler

26 Jul 2012

Gary Gensler, chairman of the U.S. Commodity Futures Trading Commission, said financial markets and not regulators will decide whether to replace the London interbank offered rate.

Gary Gensler, chairman of the U.S. Commodity Futures Trading Commission, said financial markets and not regulators will decide whether to replace the London interbank offered rate.

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