Citigroup to pay more than $12 million for alleged dark pool misrepresentations
( September 14, 2018, 15:59 GMT | Official Statement) -- MLex Summary: The US Securities and Exchange Commission entered an order finding that Citigroup Global Markets misled users of a dark pool operated by one of its affiliates. Citigroup has agreed to pay disgorgement and prejudgment interest totaling $5.4 million and a penalty of $6.5 million. Citi Order Routing and Execution will pay a penalty of $1 million.Statement follows in full. ...
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