Violation Tracker Individual Record
Company:
Citigroup Global Markets Inc.
Current Parent Company:
Citigroup
Penalty:
$25,000,000
Year:
2017
Date:
January 19, 2017
Offense Group:
financial offenses
Primary Offense:
investor protection violation
Secondary Offense:
securities issuance or trading violation
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 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.
