Financial Law – Securitization
January 3rd, 2023
As instructed by your customer service specialist, I am notifying that I want to be assigned the same writer as my previous order #26875. Below are 3 essay prompts. I need one essay that covers the requirements of the 3 prompts which are effectively asking the same thing with only small nuances. There are sources attached that MUST be used. The readings from these sources have to be cleverly woven into an answer to the common denominators of the prompts with a thesis (first paragraph), development and conclusion. Please note I’d like one whole paper not 3 separate ones or 1 split into 3 prompts. Prompt 1 – Securitisation (the creation of products such as mortgage-backed securities) has proved beyond doubt that financial law and financial regulation cannot be considered separately when assessing the quality of the rules underlying financial markets. Prompt 2 – Securitisation uses various financial law techniques to disperse risk. Explain the interplay between these techniques and highlight potential weaknesses that may lead to mispricing of counterparty risk or even to systemic risk. Prompt 3 – Securities (in the sense of ‘financial instruments’) come in many different forms. In practice, however, most types are nowadays held in electronic accounts maintained by an intermediary for its account holder. Also money is nowadays generally held in electronic accounts. Explain why this reality is a potential source of confusion regarding the legal treatment of securities, and discuss whether any such confusion could be eliminated by way of legal reform. I will order 2 more essays if this one is successful.