Court says SEC will likely succeed in Citigroup settlement appeal

03/15/2012 | New York Times (tiered subscription model), The

The Court of Appeals for the Second Circuit in New York ruled that the Securities and Exchange Commission likely will win an appeal of a judge's rejection of its proposed settlement with Citigroup. Judge Jed S. Rakoff last year rejected the SEC's proposed settlement with the bank in a case focused on the sale of mortgage-related securities.

View Full Article in:

New York Times (tiered subscription model), The

Published in Brief: