Violation Tracker Individual Record

Company: 
Citigroup Global Markets, Inc.
Current Parent Company: 
Citigroup
Penalty: 
$20,000,000
Year: 
2005
Date: 
March 23, 2005
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 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.