Citigroup violated Rule 606, overreported non-directed orders, failed to maintain supervisory system, received censure, $100,000 fine.
by Dismal-Jellyfish FINRA ‘Discipline’ Alert! Citigroup Violates Rule 606, Over-reports Non-Directed Orders for Six Years (2012-2018), Fails to Maintain Supervisory System for Nine Years (2012-2021). Their Penalty? They received a censure and a $100,000 fine, without having to admit or …