15.4 Lessons Learned from Market Crises

In this section

• Risk Management Failures in Fixed Income Securities
  Explore critical risk management failures in fixed income securities, examining themes such as excessive leverage, lack of diversification, and inadequate stress testing. Learn from past crises to strengthen future risk management practices.
• Regulatory Responses and Reforms in Bond Markets
  Explore the regulatory responses and reforms in bond markets following financial crises, focusing on Basel III and the Dodd-Frank Act.