Gary Gensler, chairman of the Commodity Futures Trading Commission, says he doubts the long-term viability of benchmarks such as the London Interbank Offered Rate. Calling Libor and other benchmarks unstable and their underlying markets permanently disrupted, Gensler says "anchoring to real transactions is essential to have confidence in these benchmarks." Gensler will be the special guest speaker at a GFMA event in New York City on Feb. 28, The Future of Global Financial Benchmarks. Register today.

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