Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
Dow 12,874.00 +72.81 0.57%
S&P 500 1,351.77 +9.13 0.68%
Nasdaq 2,931.39 +27.51 0.95%
Ticker Volume Price Price Delta
STOXX 50 2,501.32 +9.78 0.39%
FTSE 100 5,914.20 +8.50 0.14%
DAX 6,766.37 +27.90 0.41%
Ticker Volume Price Price Delta
Nikkei 9,052.07 +52.89 0.59%
TOPIX 786.80 +5.12 0.66%
Hang Seng 20,917.80 +30.43 0.15%
Gold 1,722.20 -0.16%
EUR-USD 1.3195 0.0630%
Nasdaq 2,931.39 +0.95%
Dow 12,874.00 +0.57%
S&P 500 1,351.77 +0.68%
FTSE 100 5,914.20 +0.14%
STOXX 50 2,501.32 +0.39%
DAX 6,766.37 +0.41%
Oil (WTI) 101.53 +0.61%
U.S. 10-year 1.978% +0.003
BAC:US 8.25 +2.23%
CSCO:US 20.03 +0.68%
Live TV

Citigroup Said to Pay $75 Million to Settle SEC Subprime Case

Citi May Pay $75 Million to End SEC Disclosure Probe

Charles Prince, former chief executive officer of Citigroup Inc., during a hearing of the Financial Crisis Inquiry Commission in Washington, D.C. Photographer: Joshua Roberts/Bloomberg

The U.S. Securities and Exchange Commission today accused Citigroup Inc. with misleading investors about the company’s exposure to subprime mortgage- related assets and also said Citigroup agreed to pay a $75 million penalty.

The SEC also accused one current and one former executive for their roles in causing Citigroup to make the misleading statements in an SEC filing. The information was in an e-mailed statement.

Sponsored Links

Headlines