David Bowman, "Alternative Reference Rates: SOFR, LIBOR, and Issues for Transitions"

The choice of new benchmark interest rate should be of special importance to practitioners as well as academics that study law and economics. As new alternative rates are being considered in the United States, this half day conference, co-sponsored by the University of Chicago Law School, brought together leading academics, as well as representatives from banks, law firms, swap dealers, regulators and others to share their views on design and implementation of new indexes in loan documents, swap agreements and other financial contracts. Dr. David Bowman, Special Adviser to the Board, Federal Reserve Board, delivers the keynote for the conference "Transition to New Interest Rate Benchmarks: SOFR, Ameribor and Beyond" on April 3, 2018. Introductory remarks by: Dr. Richard L. Sandor, CEO, American Financial Exchange and Aaron Director Lecturer in Law and Economics, University of Chicago Law School Robert S. Rivkin, Deputy Mayor of the City of Chicago Thomas J. Miles, Dean and Clifton R. Musser Professor of Law and Economics, University of Chicago Law School