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CitiGroup Pays $180 million to Settle SEC Charges

August 26, 2015 Comments (0) Blog, Securities Fraud

Citigroup recently settled charges with the Securities and Exchange Commission (SEC) involving two hedge funds. Citigroup agreed to pay $180 million to settle the charges which alleged the two funds were improperly marketed. According to InvestmentNews, the two funds Citigroup misrepresented were the Falcon Strategies
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