Getting your player ready...
Securities regulators have ordered Citigroup to pay $54 million to two investors who suffered hefty losses in several municipal-bond hedge funds between 2002 and 2007.
An arbitration panel of the Financial Industry Regulatory Authority in Denver awarded investors Jerry Murdock Jr. and Gerald Hosier $34.1 million in compensatory damages and $17 million in punitive damages in an order signed Monday.
