Goldman to pay $5.5mln to settle US CFTC charges over recording-keeping

3 weeks ago 29

Reuters

August 29, 20234:02 PM UTCUpdated ago

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly//File Photo Acquire Licensing Rights

Aug 29 (Reuters) - Goldman Sachs (GS.N) will pay a $5.5 million civil penalty to settle alleged recording-keeping violations and for violating a prior order, the U.S. Commodity Futures Trading Commission (CFTC) said on Tuesday.

The CFTC's order finds Goldman violated a cease-and-desist provision of a prior order and committed record-keeping violations in connection with failing to properly record and retain certain audio files, the regulator said in a statement.

Reporting by Ismail Shakil in Ottawa; editing by Susan Heavey

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