Violation Tracker Individual Record

Company: 
Citigroup Inc.
Current Parent Company: 
Citigroup
Penalty: 
$75,000,000
Year: 
2010
Date: 
July 29, 2010
Primary Offense: 
toxic securities abuses
Violation Description: 

The Securities and Exchange Commission announced that Citigroup Inc. settled allegations of misleading investors about the company's exposure to subprime mortgage-related assets.

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.