http://business.financialpost.com/2014/04/25/bank-of-nova-scotia-to-get-visit-from-british-watchdog-as-scrutiny-of-london-gold-fixing-grows-sources-say/
Regulators are stepping up their scrutiny of how gold prices are set,
with officials from Britain's Financial Conduct Authority visiting all
five member banks including the Bank of Nova Scotia to observe the
so-called London fixing process, two people with knowledge of the matter
said. ... Over the past two months, U.S.-based investors and traders
have filed nearly 20 separate antitrust claims accusing Barclays ,
Deutsche Bank, HSBC, Bank of Nova Scotia and Societe Generale of
colluding to manipulate the gold price... Deutsche may end up resigning
its seat on the London gold fix rather than selling it as U.S. lawsuits
alleging price rigging against the five banks that set the benchmark
deter potential buyers, industry sources said.''
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