DefDog: SEC Lacks Integrity, Court Says

Commerce, Corruption, Ethics, Government, Law Enforcement
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DefDog

Not business as usual in this case….maybe some integrity is returning….

Judge Blocks Citigroup Settlement With S.E.C.

By EDWARD WYATT

November 28, 2011

WASHINGTON — Taking a broad swipe at the Securities and Exchange Commission’s practice of allowing companies to settle cases without admitting that they had done anything wrong, a federal judge on Monday rejected a $285 million settlement between Citigroup and the agency.

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