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Regulators eye $10 trillion market that boomed outside traditional banking
SAN FRANCISCO (MarketWatch) -- A network of lenders, brokers and opaque financing vehicles outside traditional banking that ballooned during the bull market now is under siege as regulators threaten a crackdown on the so-called shadow banking system. The shadow banking system grew rapidly during the past decade, to roughly the same size as the traditional banking system, according to the Federal Reserve