Huffpost Business

NYSE Censures 15 Firms

Posted: Updated:

NYSE Regulation said it censured and fined 14 member brokerage firms and one former member firm a total of $10.4 million for prospectus-delivery failures and other operational and supervisory violations.

The largest fines were assessed to Citigroup Inc.'s Citigroup Global Markets Inc., Deutsche Bank AG's Deutsche Bank Securities Inc. and Lehman Brothers Holdings Inc.'s Lehman Brothers, which were fined $2.25 million, $1.25 million and $1.25 million, respectively.

Read the whole story at Wall Street Journal