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Remarks Of CFTC Acting Chairman Rostin Behnam At The SOFR Symposium: The Final Year Sponsored By The Alternative Reference Rates Committee (ARRC)

<p><span>Introduction</span></p> <p class="p1"><span>Good morning.&nbsp; I want to thank Tom Wipf, the ARRC, and the New York Fed for holding this series of symposia and for inviting me to share my thoughts and moderate an important discussion on our progress in the transition from LIBOR to SOFR specific to the derivatives markets.&nbsp; Before I begin, please allow me to remind you that the views I express today are my own and do not represent the views of the Commodity Futures Trading Commission (CFTC or the Commission) or my fellow Commissioners.</span></p> ....

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Benchmark Strategies Forum, April 13, 2021, Opening Remarks, Scott O'Malia, ISDA Chief Executive


Benchmark Strategies Forum, April 13, 2021, Opening Remarks, Scott O’Malia, ISDA Chief Executive
Date
13/04/2021
Hello everyone, and welcome to the Benchmarks Strategies Forum. I’d like to take this opportunity to thank CME Group for supporting this event once again. I know CME is as passionate as we are about raising awareness on benchmark reform, so we’re delighted to be able to work together again on this event.
It’s more than a year since our first Benchmark Strategies Forum in London and New York, but a huge amount of progress has been made over that time. Most importantly, we now have clarity following the Financial Conduct Authority’s (FCA) March 5 announcement, which effectively heralded the death of LIBOR. We know for sure which LIBOR settings will end on which date, and which tenors will become non-representative. ....

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