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Royal Bank of Canada's (RY) brokerage unit agrees to pay Massachusetts investors up to $2.9M to...

Royal Bank of Canada's (RY) brokerage unit agrees to pay Massachusetts investors up to $2.9M to cover losses on leveraged and inverse-leveraged ETFs. Earlier in the week, Citigroup, Morgan Stanley, UBS, and Wells Fargo agreed to pay $9.1M in a separate case, but also involving leveraged ETFs.
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