SEC Charges Citigroup and Two Executives for Misleading Investors About Exposure to Subprime Mortgage Assets

Washington, D.C. – July 30, 2010 – (RealEstateRama) — The Securities and Exchange Commission today charged Citigroup Inc. with misleading investors about the company’s exposure to subprime mortgage-related assets. The SEC also charged one current and one former executive for their roles in causing Citigroup to make the misleading statements in an SEC filing


More info...

SHARE
Avatar

The mission of the U.S. Securities and Exchange Commission (SEC) is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

Contact:

SEC Headquarters
100 F Street, NE
Washington, DC 20549
Phone: (202) 942-8088

Previous articleRemodeling Dips but Shows Signs of Stabilization
Next articleNAR Says Congress Needs to Act Soon to Ease Credit in Challenged Commercial Real Estate Markets