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  5. TD: Can you explain what it means for a banking regulator to "certify dividends"? [Toronto-Dominion Bank (The)]

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Q: Can you explain what it means for a banking regulator to "certify dividends"? This statement was made in the G & M yesterday in an article outlining the penalties incurred by TD.
Asked by Brenda on October 11, 2024
5i Research Answer:
We are somewhat unclear on this as it has not been specified by the bank. But like in the...
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