SIFMA CEO Bentsen’s Remarks at Future of Global Financial Benchmarks Seminar

In light of recent LIBOR-related events and benchmarks in the financial system, SIFMA CEO Ken Bentsen, Jr. called on the industry to take proactive steps to ensure that structural changes are being made to strengthen the integrity of benchmarks and to restore confidence in their use. According to CEO Bentsen, responding to the aftermath of LIBOR-related events through the establishment of best practices for financial benchmarks is a top priority. Further, Bentsen expressed his view that, in order to effectively tackle the issue, it is necessary for best practice standards to apply to benchmark participants.

View remarks in full (SIFMA website).