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A 15-Year Retrospective on the 2008-09 Credit Crisis
The credit crisis of 2008-09 marked a pivotal moment in global finance, revealing systemic vulnerabilities that demanded a comprehensive re-evaluation of regulatory oversight. A decade and a half later, the regulatory landscape has shifted dramatically. By having the ability to look back and reflect on specific facets of this evolution (the non-cleared margin rules), we can draw conclusions about what went right, what missed the mark, and crucially, where improvements can be made. As regulators, financial institutions and industry groups found out, the processes surrounding rule making and developing appropriate ... (full story)