Royal Bank Of Canada's Discovery Request Rejected In CFTC Action

NEW YORK - A federal judge in New York on May 8 denied Royal Bank of Canada's (RBC) request to compel the U.S. Commodity Futures Trading Commission (CFTC) to release notes related it its investigation of the bank, finding that the CFTC is not required to provide the documents because they are internal communications (Commodity Futures Trading Commission v. Royal Bank of Canada, No.12-2497, S.D. N.Y.).

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