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Citigroup to pay $285 million to settle SEC charge

WASHINGTON (MarketWatch)
Citigroup will pay $285 million to settle charges brought by the Securities and Exchange Commission that it misled investors about a collateralized debt obligation tied to the housing market.
The CDO defaulted within mont…

WASHINGTON (MarketWatch)
Citigroup will pay $285 million to settle charges brought by the Securities and Exchange Commission that it misled investors about a collateralized debt obligation tied to the housing market.
The CDO defaulted within mont…