December 29, 2017 Sophia Vida

Citigroup Global Markets is Sanctioned $11.5 Million For Rating Glitches

Citigroup Global Markets has been sanctioned a hefty fine by Finra over rating glitches that have occured for almost five years. Finra has sanctioned the company $11.5 million in total for inaccurately disseminating research ratings. The fine consists of a $5.5 million Finra fine and at least $6 million in compensation to be given to … Continue reading “Citigroup Global Markets is Sanctioned $11.5 Million For Rating Glitches”