Jed S. Rakoff, a judge at the U.S. District Court in
Manhattan, denies approval to a settlement agreement between the
Securities and Exchange Commission and the investment bank
Citigroup, which the SEC has charged with deceiving investors about the conditions under which a certain portfolio's investments had been chosen.
(New York Times)
Jed S. Rakoff, a judge at the U.S. District Court in
Manhattan, denies approval to a settlement agreement between the
Securities and Exchange Commission and the investment bank
Citigroup, which the SEC has charged with deceiving investors about the conditions under which a certain portfolio's investments had been chosen.
(New York Times)