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Principles for Financial Benchmarks - IOSCO

Principles for Financial Benchmarks Final Report THE BOARD OF THE INTERNATIONAL ORGANIZATION OF securities COMMISSIONS FR07/13 JULY 2013 ii Copies of publications are available from: The International Organization of securities Commissions website International Organization of securities Commissions 2013. All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated. iii Foreword The Board of the International Organization of securities Commissions ( IOSCO ) has published this Final Report. This Report, which has been prepared by the IOSCO Board Level Task Force on Financial Market Benchmarks (Task Force), sets out IOSCO s final Principles on Financial Benchmarks .

Those investigations and enforcement actions raised concerns over the fragility of certain ... equity securities underlying stock )options or are not considered futures s for the Benchmark purposes of these Principles. However, because the universe of Benchmarks is large and diverse a point repeatedly stressed -

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