Violation Tracker Individual Record

Company: 
Citigroup Global Markets Inc.
Current Parent Company: 
Citigroup
Penalty: 
$25,000,000
Year: 
2017
Date: 
January 19, 2017
Primary Offense: 
securities issuance or trading violation
Secondary Offense: 
financial institution supervision failures
Violation Description: 

The U.S. Commodity Futures Trading Commission issued an order filing and settling charges against Citigroup Global Markets Inc. for spoofing -- the practice of bidding or offering with the intent to cancel the bid or offer before execution -- in U.S. Treasury futures markets and for failing to diligently supervise the activities of its employees and agents in conjunction with the spoofing orders.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading 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.