RBC's Discovery Bid In Wash-Trading Suit Falls Short
By Kathryn Brenzel
Law360, New York (May 9, 2013, 7:08 PM EDT) -- A New York federal judge on Wednesday rejected the Royal Bank of Canada's bid to force the U.S. Commodity Futures Trading Commission to release certain notes related to its investigation of the bank, ruling that the agency wasn't required to provide the documents since they are internal communications.
U.S. District Judge Alvin K. Hellerstein denied RBC's motion to compel the CFTC to release 29 emails, notices and other documents surrounding its investigation leading up to its suit against RBC. As a federal agency, the CFTC is...