Faculty News

Prof. Rosa Abrantes-Metz explains potential problems with the gold price benchmark

Excerpt from Financial Times -- "Rosa Abrantes-Metz, an adjunct professor at New York University Stern School of Business, who has advised regulators on financial benchmarks and worked as a paid expert witness to class-action lawyers, has been one of the most vocal critics of the fix. She lists numerous weaknesses of the benchmark, from the lack of oversight to the fact that it involves 'five competitors exchanging information on prices while also doing proprietary trading'."

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