WASHINGTON - The Financial Industry Regulatory Authority fined Citigroup Global Markets $2 million yesterday for a series of multi-year trade reporting violations that included stocks, corporate debt, and more than 480,000 municipal transactions.

The self-regulator also censured and imposed a $10,000 fine on the Jeffrey Matthews Financial Group LLC in Millburn, N.J., for failing to provide customers with accurate worst yield-to-call information - the lowest current yields taking call dates into account - on their muni bonds.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.