Auction Rate Securities Settlements With Citigroup And UBS To Provide $30 Billion In Liquidity: Sec Civil Complaints: V. Citigroup Global Markets And V. UBS Securities And UBS Financial

The SEC finalized settlements December-11 with Citigroup Global Markets, Inc. and UBS Securities LLC and UBS Financial Services, Inc. that will provide nearly $30 billion to customers who invested in auction rate securities before the market for those securities froze in February.