Securitization is a process of asset transformation that involves a number of different financial institutions working together. These financial institutions are known collectively as the
A)transformers.
B)amalgamation.
C)movers and shakers.
D)shadow banking system.

Question

Quizplus · Accepted Answer

The term "shadow banking system" refers to a group of financial institutions that engage in activities similar to traditional banks but are not subject to the same regulatory oversight. Securitization often involves a network of shadow banks, such as investment banks, hedge funds, and special purpose vehicles, working together to transform loans or assets into securities.

Securitization Is a Process of Asset Transformation That Involves a Number