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Regulators moot rules on $67-tn shadow banking sector

Regulators moot rules on $67-tn shadow banking sector (via AFP)

Financial regulators on Sunday issued a series of recommendations to regulate the non-bank or "shadow" financial sector, which was estimated to be worth $67 trillion (52.5 trillion euros) in 2011. The sector includes hedge funds and finance companies or securities entities that provide credit or credit…


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