The shadow banking system includes each of the following except:
A) hedge funds.
B) money market funds.
C) derivatives.
D) commercial banks.

Question

Quizplus · Accepted Answer

Commercial banks are not considered part of the shadow banking system. They are part of the traditional banking system, which is subject to more regulation and oversight. The shadow banking system refers to the network of non-bank financial intermediaries that provide similar services to traditional banks but operate outside of the regulatory framework. This includes hedge funds, money market funds, and derivatives.

The Shadow Banking System Includes Each of the Following Except