Citigroup (C) is fined $2M by Massachusetts' top securities regulator, who says the bank...

|About: Citigroup Inc. (C)|By:, SA News Editor

Citigroup (C) is fined $2M by Massachusetts' top securities regulator, who says the bank violated the law when an analyst emailed confidential information regarding Citi's views on Facebook ahead of the IPO. Citi says it is happy to have the matter resolved (for $2M).