All of the following are new rules affecting the shadow banking system as a result of the Dodd-Frank Act EXCEPT
A) some trading of derivatives are required to take place on exchanges.
B) large hedge funds are required to register with the SEC.
C) firms selling mortgage-backed securities and similar assets are required to hold 5% of the credit risk.
D) securitized loans must now be insured.
Correct Answer:
Verified
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