NYSE Fines RBC for Proxy Handling

Bloomberg, 9 August 2006Royal Bank of Canada agreed to pay $80,000 to the New York Stock Exchange to settle allegations that it mishandled proxies, making it the fifth brokerage faulted this year for breaking rules governing votes on corporate actions.RBC Capital Markets, a unit of Canada's biggest bank, agreed to the fine without admitting or denying wrongdoing, the NYSE said in a statement