FINRA reminded broker-dealers to evaluate their LIBOR exposures and prepare for LIBOR cessation.
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A former short-term interest rate derivatives trader agreed to a fine and permanent industry ban for his role in a scheme to manipulate LIBOR.
The Board of Governors of the Federal Reserve System will publish three new benchmark interest rates based on overnight repurchase agreement transactions backed by Treasuries.
Board of Governors of the Federal Reserve System Governor Jerome H. Powell described current considerations related to a transition from LIBOR to an alternative rate.
The Board of Governors of the Federal Reserve System is seeking comments on three proposed reference rates based on repurchase agreement transactions backed by Treasuries.