'Ourdisclosureandmarketingmaterialsufficientlyoutlined the inherentrisk in thefundsand their leveragedstrategies,' a Citigroupspokesmansaidinastatement.
" ACitigroupspokesmansaid the bank is "pleased to support the OCC and its efforts of assistance to consumers who qualify for benefits from the agreement.
"We are committed to working as quickly as possible under the requirements of investors, insurers and others to settle insurance claims for customers impacted by Sandy, " aCitigroupspokesmansaid.