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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