UK Regulator Fines TD Bank Over Rogue Trader

Reuters, 16 November 2007Toronto-Dominion Bank has been fined 490,000 pounds (C$998,000) after one of its traders attempted to hide losses on his trading book, Britain's financial regulator said on Friday.The Financial Services Authority (FSA) said former TD Bank employee Simon Brignall, who was a senior fixed income trader, resigned in March and revealed to TD he had been attributing false