Reuters – Policymakers from the world’s top economies meet this weekend in Mexico City to begin finding common ground to tackle the world’s economic challenges, which include reining in a $60 trillion financial sector on the fringe of mainstream banking.
Leaders of the Group of 20 asked their task force, the Financial Stability Board, to come up with plans to regulate “shadow banks” like hedge funds, money market funds, repurchase agreements and securities lending.
