Leading Tuesday's corporations and securities law news,the UK's Financial Services Authority has fined Citigroup $25 million for flooding the market with bonds. Though the transaction was not illegal, it was against standard practice for European bond trading. In a press release, the FSA said that the transaction caused a sharp drop in bond prices. Reuters [...]

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The White House is expected to approve 70 changes proposed by the Commission on the Intelligence Capabilities of the United States Regarding Weapons of Mass Destruction after a three-month investigation by the National Security Council which will be made public Wednesday. The recommendations were outlined in a report issued by the commission in March which [...]

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Leading Tuesday's states brief, the Wisconsin Supreme Court ruled today that the state's Public Service Commission acted properly in approving a coal-fired power plant in Oak Creek, Wisconsin. S.C Johnson & Son and the environmental group Clean Wisconsin challenged the plant saying that the Commission did not give enough scrutiny to the project and failed [...]

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