Close

December 17, 2010

Citigroup fined and censured by FINRA

The Financial Industry Regulatory Authority (FINRA) censured Citigroup for failing to report transactions promptly to its Trade Reporting and Compliance Engine (TRACE). According to FINRA’s December report of disciplinary actions, Citigroup was fined $400,000 and ordered to pay $10,099 in restitution to customers.