Watchdog fines Wall St. firms $4.5 mln for lobbyist payments

Posted on December 27, 2012 at 12:38 PM EST

Dec 27 (Reuters) - Wall Street's watchdog has fined five large firms over $4.48 million for seeking reimbursement for payments to lobbyists using proceeds from municipal and state bond offerings.

Related Stocks:

Bank of America Corp. Citigroup, Inc. Goldman Sachs Group, Inc. JPMorgan Chase & Co. Morgan Stanley

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