Both banks face charges relating to allegations that their traders used confidential customer information to gain potential advantage in foreign exchange transactions that took place between 2011 and 2013, the regulator said. The hearing will be held on Friday at the commission’s office in Toronto. The banks are accused of failing to have sufficient controls in their FX trading business during the three-year period, according to two separate ‘statements of allegations’ from the Ontario Securities Commission.

source https://ca.finance.yahoo.com/news/canadian-regulator-summons-rbc-td-041750220.html?.tsrc=rss