SEC fines 15 firms for manipulating bond auctions

06/1/2006 | · Wall Street Journal, The

Fifteen Wall Street firms, including Goldman Sachs Group Inc., Merrill Lynch & Co. Bear Stearns and Citigroup, will pay $13 million to settle SEC allegations they manipulated bond auctions. The firms agreed to the fines without admitting to SEC findings that auctions were tilted to favor some clients.

View Full Article in: · Wall Street Journal, The

Published in Brief: