The Commodity Futures Trading Commission (CFTC) has proposed a rule that would replace certain swap rate clearing requirements pegged to the London Interbank Offered Rate (LIBOR) with other alternative reference rates that are less susceptible to manipulation.
Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:... More by Aaron Nicodemus
