NEW YORK (Reuters) – The U.S. Commodity Futures Trading Commission said it has fined Citigroup Inc
In a statement on Monday, the regulator said a design flaw in Citigroup’s audio preservation system led to the deletion of more than 2.77 million audio files, including some responsive to a 2017 subpoena that the bank had assured were being preserved.
The CFTC said the civil fine was imposed against three Citigroup affiliates: Citibank NA, Citigroup Energy Inc and Citigroup Global Markets Inc.
(Reporting by Jonathan Stempel in New York)
