You have closed end funds, trade as a security listed on the stock exchange, but what they do is own other securities.

假如你持有封闭式基金，这种基金在证券交易所作为一种债券进行交易，但是实际上它们做的是持有其他债券。

耶鲁公开课 - 金融市场课程节选

The Securities and Exchange Commission, from the beginning, had it as its mission to make financial markets work properly; that is a wonderful story.

从成立那天起,证券交易委员会,就肩负着确保金融市场良好运作的使命,这是个利民的机构

耶鲁公开课 - 金融市场课程节选

They want to merge the Securities and Exchange Commission and the Commodity Futures Trading Commission.

他们还想要合并证券交易委员会,和期货商品交易委员会。

耶鲁公开课 - 金融市场课程节选

The Fed is taking on a serious risk in doing this because these assets that it takes on in exchange for Treasury securities could fail.

美联储这样做很有风险,因为这些他们作为国库证券交换来的,资产可能是个烂摊子。

耶鲁公开课 - 金融市场课程节选

The Securities and Exchange Commission is the principal government regulator for securities.

证券交易委员会是,政府对证券的主要监管机构。

耶鲁公开课 - 金融市场课程节选

It's one of the most rapidly changing, hard to keep up with areas because someone can set up an electronic exchange overnight and suddenly become a base for trading trillions of dollars of securities.

经纪业是一个变化最快的行业之一,人们很难跟上它的步伐,因为人们可以在头一天晚上,设置一个电子交易,一夜之间,他就能在证券市场赚到千亿美金

耶鲁公开课 - 金融市场课程节选