Violation Tracker Individual Record
Company:
Citigroup Global Markets, Inc.
Current Parent Company:
Citigroup
Penalty:
$20,000,000
Year:
2005
Date:
March 23, 2005
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Violation Description:
Citigroup Global Markets, Inc. agreed to pay $20 million to settle allegations that it failed to provide customers with important information relating to their purchases of mutual fund shares.
Level of Government:
federal
Action Type:
agency action
Agency:
Securities and Exchange Commission
Civil or Criminal Case:
civil
HQ Country of Parent:
USA
HQ State of Parent:
New York
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
financial services
Specific Industry of Parent:
banking & securities
Source of Data:
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.
