FINRA Fines Citigroup $1.85 Million for Violations Regarding Pricing for Customer Transactions

New York investor rights attorney

The Financial Industry Regulatory Authority (FINRA) fined New York-based Citigroup Global Markets Inc. $1.85 million on for customer transactions violations. Citigroup has also been asked to pay an additional amount of $638,000 in restitution, plus interest, to the affected customers. Citigroup’s Proprietary BondsDirect Order Execution System had Flawed Pricing Logic BondsDirect only incorporated the quotations… Read more »