Actually I mentioned the Term Securities Loan Facility because it's a new innovation but it hasn't started yet.

事实上，我提到术语,是因为它是一个,新的革新但还没有开始实施。

耶鲁公开课 - 金融市场课程节选

Before I begin, I want to just give some more thoughts about the diversification through securities and that will lead us into insurance.

在我讲课之前,我想让大家思考下,证券业的多元化,以便引入保险这一课题

耶鲁公开课 - 金融市场课程节选

Then I'll take money out of your cash account and I'll put it into these securities.

买的话我就从你的账户中取现,再存入证券账户中

耶鲁公开课 - 金融市场课程节选

Before that, as I said before, insurance is really the same thing as securities.

在这之前,正如我前面所说,保险实际上和证券是一回事

耶鲁公开课 - 金融市场课程节选

I want to start out with the origins of securities regulation.

我先从证券监管的起源讲起

耶鲁公开课 - 金融市场课程节选