Of the $290 million in civil sanctions imposed on Salomon Inc. in 1992, up to $100 million could be used to satisfy civil damage claims.
Sources
- Chapter 16 Government Securities Market Regulation: The Case of ... (elibrary.imf.org)
- https://www.justice.gov/archive/atr/public/press_releases/1992/211182.htm (justice.gov)
- https://www.upi.com/Archives/1992/05/20/Salomon-fined-290-million-for-trading-violations/4151706334400 (upi.com)
- https://www.sec.gov/about/annual_report/1992.pdf (sec.gov)
- https://www.sec.gov/Archives/edgar/data/0000200245/000095013094000562/0000950130-94-000562.txt (sec.gov)
- https://www.americanbanker.com/news/solomon-accepts-290-million-fine-60-day-suspension-as-primary-dealer (americanbanker.com)
- https://www.justice.gov/atr/case-document/file/628076/dl (justice.gov)