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Comment Letter: ISDA remarks on IOSCO financial benchmarks consultation

( February 12, 2013, 17:40 GMT | Official Statement) -- MLex Summary: The International Organization of Securities Commissions should give financial firms a long enough transition period to switch to a market-based system of financial benchmarks, and also allow hybrid benchmarks that combine observable transactions with subjective interpretations by banks, the International Swaps and Derivatives Association wrote in a comment letter to the standard setter.Please see document below....

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