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Software bug costs Citigroup $7m after legit transactions mistaken for test data for 15 years

Bronek Kozicki Silver badge

Almost there. The number of non-reported transactions was close to 27,000 ; the number of requests (that is, how many reports were created) is 2,300 . Meaning on average each report missed nearly 12 transaction. That's tiny but as you correctly note, there might (or might not) be large sums involved, or other signs of "noncompliant behaviour" which were effectively hidden from SEC.

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