The Shadow Banking industry, which includes money market funds and off-balance sheet investment...

|By:, SA News Editor

The Shadow Banking industry, which includes money market funds and off-balance sheet investment vehicles, jumped to $67T in 2011 from $62T in 2007, the G20's Financial Stability Board (FSB) said yesterday. To mitigate "systemic risks" that the size of the industry can create, the FSB recommends new regulations such as limiting the assets that money-market funds can invest in. (PR)