Citigroup fined $30 million

Citigroup has been fined $30 million by Massachusetts authorities, reports The New York Times’ DealBook.

By Staff | October 4, 2013 | Last updated on October 4, 2013
1 min read

Citigroup has been fined $30 million by Massachusetts authorities, reports The New York Times’ DealBook.

Read: Citigroup coughs up $968 million to Fannie Mae

The sum will “settle charges that one of its analysts offered unpublished research related to orders for Apple smartphones to hedge funds and other select clients, including SAC Capital Advisors,” the report explains.

Read the rest here.

Also read:

Fed orders Citigroup to fix anti-money laundering controls

Citi dumps Bloomberg chat groups

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

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