Tuesday, July 24, 2007

UPDATE 1-NYSE fines Citigroup's Smith Barney $50 million

(Reuters) - The penalty includes $40 million in customer compensation,
NYSE Regulation said on Tuesday. The money will be put into a
fund for customers who invested in affected mutual funds.




Of the $50 million total, $5 million will go to the state
of New Jersey in connection with a separate regulatory matter
arising out the same conduct.


Read more at Reuters.com Government Filings News

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