SEC orders Goldman to pay $9.3m for trading misdeeds

11 Sep 2003

The US Securities and Exchange Commission last week ordered Goldman Sachs to pay $9.3m in trading profits, interest and penalties, saying that Goldman's Treasury desk had broken anti-fraud laws for brokers.

Although Goldman denies liability, it will have to pay $5m by today (Friday) as a penalty, as well ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial