NEW YORK (MarketWatch) -- New York Attorney General Andrew Cuomo said he's continuing to work with other industry players to resolve his concerns about how they sold and marketed auction-rate securities. At a press conference Thursday, Cuomo said he's working with Wall Street firms on "several levels" in order to reach agreements and those talks are "ongoing." "We will be working with other industry players and working until we bring justice to this situation," Cuomo said. On Thursday, Cuomo said Citigroup Inc. will buy back illiquid auction-rate securities from its retail clients, charities and small to mid-sized businesses by Nov. 5, accounting for more than $7 billion in securities. Citigroup also will pay $100 million in civil penalties, with $50 million going to the state of New York. Cuomo previously sued two UBS AG...
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