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Need explanation with references How did governments change the rules to stop harmful products (Mortgage-backed securities or MBS and credit default swaps) after the global
Need explanation with references
How did governments change the rules to stop harmful products (Mortgage-backed securities or MBS and credit default swaps) after the global financial crisis in 2008? How did governments change the rules?(this is the main question) Like what were the actions taken by different governments of different countries like the UK & US? What new laws, rules, and regulations were created and implemented to mitigate risks involved in these products specifically?
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