Defendant Name:
Mahesh Agarwal
Defendant Type:
Individual
Initial Case Details
Legal Case Name
In the Matter of Mahesh Agarwal
First Document Date
26-Sep-2019
Initial Filing Format
Administrative Action
File Number
3-19529
Allegation Type
Broker Dealer
Affiliations
- Former: Structured Trader EMCT Latam Desk at Citigroup Global Markets Inc. (2010—January 29, 2015)
Violations Alleged
•
Rule 13b2-1 Exchange Act
Related Violations Alleged
Mahesh Agarwal is alleged to have aided and abetted Citigroup Inc.'s violation of Sec 13(b)(2)(A) of the Exchange Act (willfully/knowingly).
Mahesh Agarwal is alleged to have caused Citigroup Inc.'s violation of Sec 13(b)(2)(A) of the Exchange Act (willfully/knowingly).
Mahesh Agarwal is alleged to have aided and abetted Citigroup Global Markets Inc.'s violation of Section 17(a)(1) Exchange Act; Rule 17a-3(a) Exchange Act (willfully/knowingly).
Mahesh Agarwal is alleged to have caused Citigroup Global Markets Inc.'s violation of Section 17(a)(1) Exchange Act; Rule 17a-3(a) Exchange Act (willfully/knowingly).
Resolutions
Bars:
- Bar on association with a broker, dealer, investment adviser, municipal securities dealer, municipal advisor, transfer agent, or nationally recognized statistical rating organization for 12 months
- Bar from participating in any penny stock offering for 12 months
- Prohibited from serving in various capacities for an advisory board, investment adviser or depositor of, or principal underwriter for, a registered investment company or affiliated person of such investment adviser, depositor, or principal underwriter for 12 months
First Resolution Date
26-Sep-2019
Headline Total Penalty and Disgorgement
$80,000
