Defendant Name: Citigroup Global Markets Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: Citigroup Inc.
SIC Code: 6021
CUSIP: 17296742

Initial Case Details

Legal Case Name In the Matter of Citigroup Global Markets, Inc.
First Document Date 12-Jul-2016
Initial Filing Format Administrative Action
File Number 3-17338
Allegation Type Broker Dealer

Violations Alleged

Other
• Section 17(a)(1) Exchange Act; Rules 17a-4(j), 17a-25 Exchange Act

Resolutions

First Resolution Date 12-Jul-2016
Headline Total Penalty and Disgorgement $7,000,000

Related Documents:

34-78291 12-Jul-2016 Administrative Proceeding
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 15(b) and 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On July 12, 2016 the SEC instituted a settled administrative proceeding against Citigroup Global Markets, Inc. ("CGMI"). According to the SEC, CGMI failed to produce records in response to requests made by Commission staff, between May 1999 and April 2014, due to an error in CGMI's computer code. CGMI did not report the issue to Commission staff or take steps to produce the omitted data until nine months later.
2016-138 12-Jul-2016 Press Release--Administrative Proceeding
SEC: Citigroup Provided Incomplete Blue Sheet Data for 15 Years
On July 12, 2016, the SEC issued a press release announcing that "Citigroup Global Markets has agreed to pay a $7 million penalty and admit wrongdoing to settle charges that a computer coding error caused the firm to provide the agency with incomplete 'blue sheet' information about trades it executed."