CFTC Charges Royal Bank of Canada with Multi-Hundred Million

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CFTC Charges Royal Bank of Canada with Multi-Hundred Million Dollar Wash Sale Scheme
04/02/2012 04:14 PM EDT

The CFTC filed a complaint in federal district court in New York charging the Royal Bank of Canada (RBC), a Canadian bank and financial services firm doing business in New York, with conducting a multi-hundred million dollar wash sale scheme in connection with exchange-traded stock futures contracts.
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