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Instructions: The case study should be submitted in Bb via Microsoft Word. It should be no less than a half page per question. Please include at least one reference per question other than your textbook to come to your conclusion. You must include that additional reference after each question is answered. 1. The Commodity Futures Modernization Act (2000) removed derivative securities, such as CDSs, from regulatory oversight. This change opened the door for speculators to bet on the health of a company or pool of assets, and was certainly a culprit during the 2007-2009 financial crises. Why did Congress pass such legislation? 2. What are the advantages and disadvantages of Electronic Communications Networks (ECNs) for trading stocks? 3. What is the major focus of each of the following bank management concerns: asset management, liability management, liquidity management, and capital adequacy management?