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Citi to Pay $15M Penalty for Trade Review Failures

August 20, 2015 by Eugene Grygo

Citigroup Global Markets has agreed to pay a $15 million penalty to settle charges from the SEC that it had “failed to enforce policies and procedures” that would have prevented and detected securities transactions that involve the misuse of material, nonpublic information, according to the U.S. regulator. SEC officials also charge that firm also failed… Read More >>

Filed Under: General Interest, AML/Fraud/Financial Crime, Regulation & Compliance, Industry News Tagged With: Citi, Citigroup, penalty, SEC

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