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According to the textbook, VaR has several weaknesses as it relates to determining regulation requirements. One significant weakness involves too much government oversight. fully capturing

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According to the textbook, VaR has several weaknesses as it relates to determining regulation requirements. One significant weakness involves too much government oversight. fully capturing 'tail risk.' underestimating the size of 2-standard deviations in risk assessment. an over-reliance on a standardized approach

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