Citigroup Agrees To Settle SEC's Fraud Charges | WAMU 88.5 - American University Radio
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Citigroup Agrees To Settle SEC's Fraud Charges

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Citigroup will pay a $285 million fine to settle charges brought by the Securities and Exchange Commission. The SEC says the bank marketed mortgage-backed securities while simultaneously betting against them. Citigroup neither admitted nor denied the allegations.
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