DefDog: SEC Lacks Integrity, Court Says

Commerce, Corruption, Ethics, Government, Law Enforcement

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

Judge Blocks Citigroup Settlement With S.E.C.


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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