Securities regulators are stepping up their probe into mortgage-bond deals at the heart of the financial crisis, including by pushing for a settlement of more than $200 million with Citigroup Inc., according to people familiar with the matter. Securities and Exchange Commission officials are in advanced talks with Citigroup to settle civil charges related to a $1 billion mortgage-bond deal called Class V Funding III and created by the Wall Street company in 2007.
Read more: SEC Widens CDO Probe — WSJ.com
