• Home
  • About
  • Webcasts
  • ‘Enforcement 40’ for 2020
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Ankura 480x60
  • Class Actions
  • Criminal
  • Global
  • People
  • SD Insider
  • SEC
  • Video
  • Subscribe by email
  • Subscribe
Browse: Home / 2011 / December / 07 / S.E.C.’s Citigroup Case Has Few Avenues for Justice

S.E.C.’s Citigroup Case Has Few Avenues for Justice

By Securities Docket on December 7, 2011, 2:12 pm

It looked like Citigroup and its wayward executives might finally get their due. Or so I thought until I read the submissions in the case and did some further reporting. The S.E.C. may have been lucky to get what it did. It’s a textbook example of why it’s hard to hold anyone legally accountable for the financial crisis. You can’t fault the agency for not trying — it spent four years digging into Citigroup’s mortgage derivatives operation. If anything, the S.E.C. might be criticized for being too aggressive, using its considerable power to extract a settlement in a case whose weaknesses, if it finally goes to trial, will probably become readily apparent.

Read more: S.E.C.’s Citigroup Case Has Few Avenues for Justice — New York Times

Blog Widget by LinkWithin

Posted in SEC | Tagged Settlements

« Previous Next »

‘Enforcement 40’ for 2020

Ankura 260x250

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2021 Securities Docket.

Powered by WordPress and Hybrid.