FINRA fines Citigroup Global Markets $3.5 million
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FINRA fines Citigroup Global Markets $3.5 million

New York City : NY : USA | May 22, 2012 at 7:39 AM PDT
Source: International Business Times
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Citigroup Global Markets $3.5 million for providing inaccurate information related to subprime securitizations...Citigroup also failed to supervise mortgage-backed securities pricing as it lacked procedures to verify them and did not sufficiently document the steps taken to assess traders'... FULL ARTICLE AT International Business Times
 
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