After paying compensations from its riskfund, the relevantsecuritiesregistrationand settlementorganizationshall seek compensations from those who are responsible for the losses.
From my perspective, I think what is absolutely critical is there has to be a clear ability on the part of government and the public trading in our securities markets to know all relevant information about those markets on a real time basis.
Encourage instead the issuance of securities that automatically adjust capital structure when financial distress becomes relevant, such as cocobonds with a market trigger.
And third, every securitization was certified by a Trustee who claimed to have all relevant documents, including the wet ink notes, related to the mortgages that backed up the securities.