Which of the following is NOT part of the shadow banking system?
A)the transformer
B)the servicer
C)the bundler
D)the distributor

Question

Quizplus · Accepted Answer

The transformer is not part of the shadow banking system. The transformer is a type of financial intermediary that buys and sells financial assets, such as bonds and loans. The shadow banking system is a network of financial institutions that provide credit and other financial services to borrowers outside of the traditional banking system.

Which of the Following Is NOT Part of the Shadow