Hong Kong SFC fines Citigroup Global Markets Asia HKD4 million for alternative liquidity pool failures
Hong Kong SFC fines Citigroup Global Markets Asia HKD4 million for alternative liquidity pool failures
The Hong Kong Securities and Futures Commission (SFC) has reprimanded and fined Citigroup Global Markets Asia Limited (CGMAL) HKD4 million over regulatory breaches in relation to the operations of its alternative, or dark, liquidity pool.