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As board seeks higher bids, interested parties include Blackstone, Hewlett-Packard and Lenovo.
Sixty-five percent of investors opposed the proposal from three state pension funds.
CFTC chair is also talking with the Obama administration about other economic, financial positions.
Setting the rate isnt a competitive process, they argue in court.
Changes in $24 trillion market would be biggest since 2003.
Finance ministers respond to backlash against austerity.