BDO Comment Letter - Reference Rate Reform (Topic 848): Scope Refinement

BDO Comment Letter - Reference Rate Reform (Topic 848): Scope Refinement

November 12, 2020 – Reference Rate Reform (Topic 848): Scope Refinement

BDO supports refining the scope of reference rate reform and believes that it will mitigate the operational challenges due to modifications in interest rates used for margining, discounting, or contract price changes.