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RBC Sued by US Regulators Over Wash Trades
Bloomberg Royal Bank of Canada was sued by US regulators over claims that the Toronto-based lender engaged in illegal futures trades worth hundreds of millions of dollars to garner tax benefits tied to equities. Canada's biggest bank made false and misleading … CFTC bans election-based derivatives contracts Royal Bank of Canada's Reputation Takes Hit US regulator accuses RBC of massive trading scheme |