Charles Schwartz
Co-ChairCharles Schwartz is co-chair of the outreach and communications working group at the Alternative Reference Rates Committee.
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LIBORThe Secured Overnight Financing Rate stemmed from years of discussion between regulators and a broad group of industry stakeholders about a safer alternative to Libor. Critics who say big-bank control of the new benchmark exacerbates risk are wrong.
March 22 -
The group that worked with the Fed to devise an alternative rate to Libor rejects criticism that the index favors megabanks.
May 11
