Articles Posted in Omission

Citigroup Global Markets Inc. and FINRA entered into a Letter of Acceptance, Waiver, and Consent (“AWC”) over allegations that it omitted required disclosures in equity research reports. As part of the AWC, Citigroup Global Markets Inc. agreed to pay a $475,000 fine and was censured by FINRA. The firm also…

CFD Investments, Inc. (“CFD”) and FINRA entered into a Letter of Acceptance, Waiver, and Consent (“AWC”) over CFD’s failure to conduct reasonable due diligence into Payson Petroleum, Inc.’s private placement offerings and its failure to document the limited due diligence that it conducted. As part of the August 24, 2020…