TD Bank stock: Steer clear or buy the dip?

TD Bank is making headlines for the wrong reasons and creating a potential buying opportunity for investors in the process.Here’s what I know about TD Bank’s anti-money laundering troubles so far. Canada’s second-largest bank was loose in implementing the required checks and balances. It was so loose that Canadian regulator Fintrac issued TD a fine of $9.2 million—not much of a penalty for one of North America’s largest financial institutions. TD has already pa