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Goldman Sachs Settles With SEC After Sharing Confidential Research (GS)

WASHINGTON (AP) — Goldman Sachs has agreed to pay $22 million to settle regulatory charges that its analysts shared confidential research with favored clients. The regulators alleged that Goldman analysts had weekly "huddles" from 2006 to 2011 where they discussed confidential research on stocks with the firm's traders. The analysts then passed on the ideas to a select group of top clients, the regulators said.
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Gunmaker Smith & Wesson Is Paying $2 Million To Settle Corruption Charges (SWHC, SPX, SPY, IWM)

Business & Finance : Business Insider: Clusterstock (1 hour ago)

Gunmaker Smith & Wesson has agreed to pay $2 million to settle with the Securities and Exchange Commission over allegations the company violated the Foreign Corrupt Practices Act. The SEC said employees and representatives of the co... Read Post

Goldman Sachs Fined $22 Million For Favoring Select Clients

Business & Finance : Working Capital (2 years ago)

Goldman Sachs agreed to settle charges that its equity analysts met during weekly "huddles" with the firm's traders about investment ideas that were then shared with a select group of top clients. Read Post

Goldman Sachs paying $22M to settle SEC charges

United States / New York : Crain's New York Business (2 years ago)

Goldman Sachs Group Inc. has agreed to pay $22 million to settle regulatory charges that its analysts shared confidential research with favored clients. The regulators alleged that Goldman analysts had weekly "huddles" from 2006 to ... Read Post


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