Securites Fraud Attorneys SHEPHERD, SMITH & EDWARDS, LLP
stock fraud online consultations
Skip to main content
about Our Stock Attorneys contact stock lawyers securities arbitration questions Securities fraud news Broker Misconduct Resources and links about investment protection en Espanol
Free Consultation

or call
1-800-259-9010


Citigroup Global Markets Inc.

Citigroup Global Markets Inc. (CRD #7059, New York, New York) received a censure and fine of $107,500. The firm was also required to pay $1,706.01 in restitution. According to the findings, the firm failed to report to ACT the correct symbol indicating whether transactions were buy, sell, sell short, sell short exempt, or cross for transactions in eligible securities. The regulators also found that the firm failed to use reasonable diligence to ascertain the best interdealer market and failed to buy or sell in such market so that the resultant price to its customer was as favorable as possible under prevailing market conditions. The findings also state that the firm failed to display immediately customer limit orders in NASDAQ securities in its public quotation. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #CLG050004)

Did Citigroup Global Markets Inc. manage your investments?

 

 

If you would like one of our specialists to provide a free consultation, please let us know how to reach you:

 Your Name

 Your Phone

 Your Question / Situation