Posts tagged Citigroup Global Markets.
I recently wrote about Judge Rakoff's refusal to enter the SEC's proposed consent decree in SEC v. Citigroup Global Markets, Inc., 827 F. Supp. 2d 328 (SDNY 2011) - and the shift in SEC enforcement policy that it prompted. Burr blog here, (April 17, 2014); Law360 Securities article here, (June 2, 2014). On June 4, the Second Circuit reversed the Citi ruling, holding the District Court "abused its discretion by applying an incorrect legal standard." United States Securities & Exchange Comm'n v. Citigroup Global Markets, Inc., Nos. 11-5227-cv(L); 11-5375-cv(con); ...
Posted in: SEC