RBC Sued by US Regulators Over Wash Trades – BusinessWeek
Globe and Mail RBC Sued by US Regulators Over Wash TradesBusinessWeekBy Silla Brush and Doug Alexander on April 03, 2012 Royal Bank of Canada was sued by US regulators over claims the Toronto-based lender engaged in illegal futures trades worth hundreds of millions of dollars to garner tax benefits tied to equities.The Globe and MailGlobe…