STT State Street Corporation

The International Organization of Securities Commissions, in a response to rate-setting abuses of Libor, may as soon as next month propose rules governing the transparency and oversight of those benchmarks, Bloomberg News reported Friday on its website, citing two people familiar with the matter.

The possible guidelines for the benchmarks would include the WM/Reuters rates, Bloomberg reported. The U.K.'s Financial Conduct Authority "will review" IOSCO's proposals, a spokesman told Bloomberg.

Full story at: www.bloomberg.com/news/2013-06-13/fx-rates-said-to-face-global-regulation-in-libor-review.html

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