Question: 6. How does the Securities & Exchange Commission regulate securitization? How does the Federal Reserve System regulate securitization? Characterize the philosophies of regulation for each

6. How does the Securities & Exchange Commission regulate securitization?

How does the Federal Reserve System regulate securitization? Characterize the philosophies of regulation for each institution. What is the significance of recent changes to the framework of regulation following the subprime mortgage crisis?

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