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Which of the following may improve the securitized debt market and prevent next financial crisis? Multiple Choice All of the above. Requiring higher standard of
Which of the following may improve the securitized debt market and prevent next financial crisis? Multiple Choice All of the above. Requiring higher standard of due diligence and legal responsibilities for the credit rating agencies. Moving credit default swap trading to exchanges from over-the-counter to reduce the counter party risk. Requiring loan originators to retain certain percentage of the loans so they have stronger incentives to check the quality of loans
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