Citigroup Dealing With “Bad Actor” Restrictions on Hedge Fund Sales

ValueWalk – According to an August 22nd article in the Wall Street Journal, Citigroup Inc (NYSE:C) is facing “bad actor: restrictions relating to its recent settlement with U.S. regulators.

The restrictions prevent the bank from selling investments in hedge funds and private-equity funds to individual clients, but do not prevent the sale of private investments to other larger banks.

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