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RBC Hits Back At CFTC In Wash Trading Case

By Stephanie Russell-Kraft ( August 19, 2014, 3:06 PM EDT) -- The Royal Bank of Canada returned fire at the Commodity Futures Trading Commission in New York federal court Monday, saying the CFTC's recent motion for summary judgment — on two of its three claims alleging the bank took part in a massive wash trading scheme — is based on an "inexplicably incorrect legal theory."...

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