CFTC's Gensler is driving force behind Libor crackdown

12/14/2012 |

Gary Gensler, chairman of the Commodity Futures Trading Commission, has emerged as a leader of the regulatory crackdown after allegations of manipulation of the London Interbank Offered Rate and other benchmark interest rates. "These rates are at the absolute core of our global financial system," Gensler said, adding that false reporting "goes to the integrity of markets and how much trust the public has in them."

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