# Prof. Rosa Abrantes-Metz on the proposed reforms to Libor

1 Faculty News May 22, 2013 ![Risk Management Magazine logo](/sites/default/files/styles/246w/public/assets/images/con_030875.jpg?itok=EiCScKEb)>

Excerpt from [Risk Magazine](http://www.risk.net/risk-magazine/feature/2269549/committed-quotes-an-answer-to-libor-problem) -- “'Transaction-based indexes are by far the best, but Libor has a challenge in that there just aren’t enough transactions. Given that, the committed quote system will guarantee – more than other systems – continuation of the index whenever transactions don’t exist,' says [Rosa Abrantes-Metz](http://www.stern.nyu.edu/faculty/bio/Romy), adjunct associate professor at New York University’s Stern School of Business."

[Read more](http://www.risk.net/risk-magazine/feature/2269549/committed-quotes-an-answer-to-libor-problem)