Tag: Citigroup Global Markets Inc.

SFC fines
December 29, 2017 BY Valentina Kirilova

Citigroup Global Markets Inc. fined $11.5 million for displaying inaccurate research ratings

The Financial Industry Regulatory Authority (FINRA) announced it has fined Citigroup Global Markets Inc. (CGMI) $5.5 million and required the firm to pay at least $6 million in compensation to retail customers for displaying inaccurate research ratings for numerous equity securities during a nearly five-year period, and for related supervisory violations. An equity research rating…

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cftc penalty
January 19, 2017 BY Valentina Kirilova

CFTC fines Citigroup Global Markets Inc. $25 Million for spoofing in U.S. Treasury futures markets

The U.S. Commodity Futures Trading Commission (CFTC) issued an Order today filing and settling charges against Citigroup Global Markets Inc. for spoofing — bidding or offering with the intent to cancel the bid or offer before execution — in U.S. Treasury futures markets and for failing to diligently supervise the activities of its employees and…

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