December 21, 2016 BY admin

Goldman Sachs hit with $120 million penalty for manipulation of US dollar benchmark

The U.S. Commodity Futures Trading Commission (CFTC) issued an Order today filing and settling charges against Goldman Sachs Group Inc (NYSE:GS) and Goldman, Sachs & Co. (collectively, Goldman or the Bank). The Order finds that, beginning in January 2007 and continuing through March 2012 (the Relevant Period), Goldman attempted, by and through certain of its…

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