Citigroup Talking With SEC Over Dynegy

Citigroup ( C) disclosed Friday it is in talks with securities and bank regulators about a transaction it had with Dynegy ( DYN).

In its 10-Q report filed with the SEC, Citigroup said the discussions with power company Dynegy arose out of talks over certain transactions it had with ill-fated Enron, Dow Jones reported.

Citigroup provided no further information.

Shares of Citigroup closed higher by 70 cents, up 1.79%, to $39.70.

Dynegy, which has been enjoying a resurgence lately, saw its shares finish up 9 cents, or 2.08%, to $4.41.

More from Stocks

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat