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Canadian Firms Agree To Pay $130.5M Over ABCP

By Christie Smythe (December 22, 2009, 5:38 PM EST) -- Canadian regulators have reached settlements totaling US$130.5 million with financial firms including Canadian Imperial Bank of Commerce, National Bank of Canada and the Bank of Nova Scotia's Scotia Capital Inc. over the alleged improper sale of securities linked to subprime mortgages....

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