Gensler Says Interbank Offer Rates Need Replacement

Gensler Says Interbank Offer Rates Need Replacement Play

June 6 (Bloomberg) -- U.S. Commodity Futures Trading Commission Chairman Gary Gensler talks about a European Union proposal to hand oversight of the London interbank offered rate to the European Securities and Markets Authority. Gensler, speaking with Bloomberg's Dominic Chu at a Sandler O’Neill & Partners LP conference in New York, also discusses global regulatory oversight of derivative trades. They speak on Bloomberg Television's "Market Makers." (Source: Bloomberg)

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