This is a clear demonstration of how derivatives and syntheticsecurities have been used to create imaginary value out of thin air.
这清楚地展示了衍生品与合成证券,如何被用来无中生有地创造虚有价值。
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It will be the task of regulators to understand derivatives and syntheticsecurities and refuse to allow their creation if they cannot fully evaluate their systemic risks.
Requiring derivatives and syntheticsecurities to be registered would be simple and effective; yet the legislation currently under consideration contains no such requirement.