Multiple Choice
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 did not prohibit companies issuing securities from paying the credit-rating agencies to rate them. This is an example of which remedy of conflicts of interest?
A) Regulate for transparency.
B) Supervisory oversight.
C) Leave it to the market.
D) Socialization of information production.
Correct Answer:
Verified
Correct Answer:
Verified
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