November 5, 2011
Five times since 2003 the Securities and Exchange Commission has accused Citigroup Inc.’s main broker-dealer subsidiary of securities fraud. On each occasion the company’s SEC settlements have followed a familiar pattern. Citigroup neither admitted nor denied the SEC’s claims. And the company consented to the entry of either a court injunction or an SEC [...]
Tags: accused, Accused Citigroup, Accusing, Accusing Citigroup, agency, America, asked, Asked Ldquo, Barring, billion, breaking, Breaking The Same, Breaking The Same Laws, Citigroup, Citigroup Agreed, commission, company, complaint, court, Court Injunction, fraud, Future, Future Violations, He Asked, He Asked Ldquo, Injunction, Jonathan Weil, Last month, Ldquo, Legal Standard, Legal Standard Rakoff, million, Million Fine, month, Of Breaking The, Of Breaking The Same, order, orders, Prior, Rakoff, Rdquo, Same Laws, Same Section, securities, Securities Fraud, settlement, settlements, Simply, standard, Standard Rakoff, That The Sec, The Agency, The Commission, The company, The Law, The Prior, The Public, The Same Laws, The Same Section, The Sec, The Securities, To Enforce The, violations
Posted in Life in Vietnam | Comments Off
