The U.S. Securities and Exchange Commission and Citigroup Inc. won a delay in the trial of a lawsuit the agency brought against the bank while an appeals court considers a judge’s refusal to approve their $285 million settlement.
The Securities and Exchange Commission today charged MSIM with violating securities laws in a fee arrangement that repeatedly charged a fund for advisory services they weren’t actually receiving from a third party
New York-based Pipeline is an SEC-registered alternative trading system, which trades securities outside of traditional exchanges. But the SEC wasn't happy with one way Pipeline was conducting business.
The SEC charged Citigroup’s principal U.S. broker-dealer subsidiary with misleading investors about a $1 billion CDO tied to the U.S. housing market in which Citigroup bet against investors as the housing market showed signs of distress